Question
Exercise 3. Perpetual inventory record Msica y Ms had an inventory of guitars and other musical instruments. Using the average inventory method and the perpetual
Exercise 3. Perpetual inventory record Msica y Ms had an inventory of guitars and other musical instruments. Using the average inventory method and the perpetual inventory system, the company recorded beginning inventory, purchases, and sales. to. Determine the cost per unit and the cost of merchandise sold.
| Fecha | Detalle | Cantidad | Costo de unidad (unit cost) |
| Mayo 1 | Beggining Inventario | 8 | $82 |
| 6 | sale | 3 | |
| 8 | Purchase | 20 | 83 |
| 13 | sale | 4 | |
| 30 | sale | 6 |
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Advanced Accounting
Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik
11th edition
78025400, 978-0078025402
