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During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: table [ [ date , transaction,units,Cost
During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows: tabledatetransaction,units,Cost per unitJan Beginning inventory,Sale,Purchase,Sale, REQUIRED : Prepare a schedule to show the cost of goods sold and ending inventory using the moving weighted average method of costing rounding calculations to two decimals. Journalize the transactions assuming the sales price is $ per unit QUESTION ANSWER tableDATEPURCHASES,COGS,INVENTORY BALANCEunits,tableUnitcosttableTotalcostunits,tableUnitcosttableTotalCostunits,tableUnitcosttableTotalCost
During January, a company that uses a perpetual inventory system had beginning inventory, purchases, and sales as follows:
tabledatetransaction,units,Cost per unitJan Beginning inventory,Sale,Purchase,Sale,
REQUIRED :
Prepare a schedule to show the cost of goods sold and ending inventory using the moving weighted average method of costing rounding calculations to two decimals.
Journalize the transactions assuming the sales price is $ per unit
QUESTION ANSWER
tableDATEPURCHASES,COGS,INVENTORY BALANCEunits,tableUnitcosttableTotalcostunits,tableUnitcosttableTotalCostunits,tableUnitcosttableTotalCost
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