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Homework 11 Question 7 of 7 -14 View Policies Current Attempt In Progress Sheridan Warehouse distributes hardback books to retail stores and extends credit terms

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Homework 11 Question 7 of 7 -14 View Policies Current Attempt In Progress Sheridan Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, 1/30 to all of its customers During the month of June, the following merchandising transactions occurred June 1 Purchased books on account for $2,845 including freight) from Catlin Publishers, terms 2/10, 1/30. Sold books on account to Garfunkel Bookstore for $900. The cost of the merchandise sold was $800, Received $45 credit for books returned to Catlin Publishers. Paid Carlin Publishers in full Received payment in full from Garfunkel Bookstore Sold books on account to Bell Tower for $1.400 terms of 2/10,n30. The cost of the merchandise sold was 5850 Purchased books on account for $700 from Priceless Book Publishers, terms 1/15, 11/30 Received payment in full les discount from Bell Tower Pald Pride Book Publishers in Solo books on account to General Bookstore for $1.700. The cost of the merchandise sold was 5770 Grant General Bookstore 5210 credit for books returned costing $30 3 9 15 17 20 24 26 30 Journs for the more for Sheridan Who is pertinentory wstem. One entry mordet "No Etry or the countries and enter for the amounts Caccounts are automatically indented when amount enteret. Deret indently conducted in the ordered in the problem Dale Account Titles and Explanation Debit Credit MacBook Air 10 . 2 3 4 5 6 & 7 + 0 6 - 0 W E R T Y U - o S D F G H J K . x C V B N . > * Question 1 of 8 > ./1 View Policies Current Attempt in Progress In its first month of operations, Vaughn Manufacturing made three purchases of merchandise in the following sequence: (1) 300 units at $4.(2) 400 units at $5, and (3) 500 units at $8. Calculate average unit cost. (Round answer to 3 decimal places, 6.5.125.) Average unit cost $ e Textbook and Media List of Accounts Compute the cost of the ending inventory under the average cost method, assuming there are 200 units on hand at the end of the period (Round answer to decimal places, s 125) The cost of the ending inventory w W MacBook Air 11 5 6 & 7 * 8 9 0 E R. . Y U o D F G H

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