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ily Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 150 $10 $1,500 12 Purchase
ily Company reports the following for the month of June.
Date Explanation Units Unit Cost Total Cost
June 1 Inventory 150 $10 $1,500
12 Purchase 450 11 4,950
23 Purchase 400 12 4,800
30 Inventory 80
Assume a sale of500units occurred on June 15 for a selling price of $13and a sale of420units on June 27 for $14.
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 $
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