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In June 2014, Datong Company sold a total of 13,000 units of product A at a price of $ 14 per unit. The following is
In June 2014, Datong Company sold a total of 13,000 units of product A at a price of $ 14 per unit. The following is the initial inventory and purchase of product A in June:
6/1 Initial inventory 5,000 units, unit cost: $5
6/5 Purchase 3,000 units, unit cost: $3
6/14 Purchase 8,000 units, unit cost: $3
6/24 Purchase 2,000 units, unit cost: $4
Trial work:
Ending inventory of Datong Company at the end of June by Weighted average method (Round to whole number)
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