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EA10. LO 10.3 Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under three different
EA10. LO 10.3 Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for weighted average (AVG). Number of Units Unit Cost Sales Beginning inventory 800 $50 Purchased 600 52 Sold 400 Sold 350 Ending inventory 650 Solution $80 90 Cost of Goods Purchased Number Unit Total of Units Cost Cost AVG (perpetual) Inventory Cost of Goods Sold Cost of Inventory Remaining Number Unit Total Number Unit Total of Units Cost Cost of Units Cost Cost Beginning * Purchase * ** Sale *
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