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Inventory data for Sunland Company are reported as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 180 $6 $1,080 12 Purchase 420
Inventory data for Sunland Company are reported as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 180 $6 $1,080 12 Purchase 420 7 2,940 23 Purchase 340 8 2.720 30 Inventory 150 Assume a sale of 440 units occurred on June 15 for a selling price of $12 and a sale of 350 units on June 27 for $9. (a1) Calculate cost of goods available for sale. The cost of goods available for sale
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