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Homework: Chapter 10 Calculator Print Item Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under
Homework: Chapter 10 Calculator Print Item Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for weighted average (AVG). Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount. Number of Units Unit Cost Sales Beginning inventory 840 $60 Purchased 630 62 Sold 400 $100 Sold 350 110 Ending Inventory 720 Cost of Inventory Remaining AVG (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Number Number of Units Unit Cost Total Cost of Units Unit Cost Total Cost Number of Units Unit Cost Total Cost Beginning 840 60 50,400 Purchase 630 62 39,060 Sale 400 Sale 350 Total Purchases 39,060 Total COGS Check My Work Previous Next
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