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Intermediated accounting II Week 5 Hi, Can you help me resolve the attached problem (B)? Thank you Brief Exercise 8-4 (Part Level Submission) Ayayai Company
Intermediated accounting II Week 5
Hi,
Can you help me resolve the attached problem (B)?
Thank you
Brief Exercise 8-4 (Part Level Submission) Ayayai Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Unit s Unit Cost Total Cost April 1 inventory 300 $33 $ 9,900 April 15 purchase 440 40 17,600 April 23 purchase 260 43 11,180 1,000 $38,680 Don't show me this message again for the assignment (a) Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) $ Weighted average cost per unit 38.68 Don't show me this message again for the assignment Link to Text Attempts: 1 of 1 used (b) Compute the April 30 inventory and the April cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 2,760.) $ Ending inventory Cost of goods sold $ Don't show me this message again for the assignmentStep by Step Solution
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