Question
Exercise 6-14 (Part Level Submission) Pina Colada Corp. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1
Exercise 6-14 (Part Level Submission)
Pina Colada Corp. reports the following for the month of June.
| Date | Explanation | Units | Unit Cost | Total Cost | ||||
|---|---|---|---|---|---|---|---|---|
| June 1 | Inventory | 119 | $5 | $595 | ||||
| 12 | Purchases | 391 | 6 | 2,346 | ||||
| 23 | Purchases | 206 | 7 | 1,442 | ||||
| 30 | Inventory | 233 |
A sale of 434 units occurred on June 15 for a selling price of $8 and a sale of 49 units on June 27 for $9
(a) Your answer is partially correct. Try again. Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 June 12 June 15 5.767 5.767 June 23 1.667 June 27 1.667 Click if you would like to Show Work for this question: Open Show Work
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Audit And Business Performance
Authors: BELAMKADDAM HAMZA
1st Edition
6205444062, 978-6205444061
