Question
Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023. Beginning Inventory 280 units @ $ 80/unit Feb. 10
Gale Company has the following inventory and purchases during the fiscal year ended December 31, 2023.
| Beginning Inventory | 280 | units | @ | $ | 80/unit | ||||
| Feb. | 10 | purchased | 195 | units | @ | $ | 84/unit | ||
| Feb. | 20 | sold | 360 | units | @ | $ | 160/unit | ||
| Mar. | 13 | purchased | 290 | units | @ | $ | 78/unit | ||
| Sept. | 5 | purchased | 255 | units | @ | $ | 64/unit | ||
| Oct. | 10 | sold | 510 | units | @ | $ | 160/unit | ||
Gale Company employs a perpetual inventory system.
what is moviang average ending and cost of good sold
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Workbook/Study Guide To Accompany Managerial Accounting
Authors: Ray H Garrison, Eric Noreen, Peter C. Brewer
11th Edition
0072986131, 978-0072986136
