Question
During the year, TRC Corporation has the following inventory transactions. Date Transaction Number of Units Unit Cost Unit Selling price Jan. 1 Beginning inventory 60
During the year, TRC Corporation has the following inventory transactions.
| Date | Transaction | Number of Units | Unit Cost | Unit Selling price |
| Jan. 1 | Beginning inventory | 60 | $52 |
|
| Apr 7 | Purchase | 240 | $54 |
|
| Jul. 16 | Purchase | 210 | $57 |
|
| Aug 1 | Sales | 450 |
| $70 each |
What is value of Ending Inventory using AVCO?
What is the total Sales Revenue?
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The Art Of Integrating Strategic Planning Process Metrics Risk Mitigation And Auditing
Authors: J.B. Smith
1st Edition
0873899253, 978-0873899253
