Question
Jedi Lightening has the following inventory data: Nov. 1 Inventory 30 units @ $6.00 each Purchase 120 units @ $6.45 each Purchase 60 units
Jedi Lightening has the following inventory data: Nov. 1 Inventory 30 units @ $6.00 each Purchase 120 units @ $6.45 each Purchase 60 units @ $6.30 each Purchase 90 units @ $6.60 each 8. 17 25 A physical count of merchandise inventory on Novernber 30 reveals that there are 100 units on hand, Assuming that the specific identification method is used and that ending inventory consists of 30 units from each of the three purchases and 10 units from the November 1 inventory, cost of goods sold is O $1.281 $640 $1.286 O $1.254
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
15th Edition
978-0840037039, 0840037031
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