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Exercise 6 17 a 1-a3 (Video) Swifty Corporation reports the following for the month of June. Unit Cost Date Explanation Units Total Cost Dune 1
Exercise 6 17 a 1-a3 (Video) Swifty Corporation reports the following for the month of June. Unit Cost Date Explanation Units Total Cost Dune 1 Inventory 220 $7 12 Purchase 440 8 $1,540 3,520 2,970 23 Purchase 330 9 30 Inventory 110 Assume a sale of 484 units occurred on June 15 for a selling price of $10 and a sale of 396 units on June 27 for $11. Calculate cost of goods available for sale. The cost of goods available for sale $ Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525. June 1 $ June 12 June 15 $ June 23 $ June 27 $ LINK TO TEXT VIDEO: SIMILAR EXERCISE Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to o decimal places, e.g. 1,252.) ho FIFO LIFO Moving-Average Cost The cost ending inventory $ $ The cost of goods sold $ $ ITM TO TEXT VIDEO: SIMILAR EXERCISE
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