Question
Jose Zorilla uses a perpetual inventory system. During April, he sold 700 units, (270 units on April 20 and 430 units on April 28).
Jose Zorilla uses a perpetual inventory system. During April, he sold 700 units, (270 units on April 20 and 430 units on April 28). The following other information is available: Units Unit Cost Total Cost April 1 inventory 250 $12.20 $3,050.00 April 15 purchase 400 16.80 6,720.00 April 23 purchase 350 14.70 5.145.00 1,000 $14,915.00
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Financial and managerial accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
1st edition
978-1118016114
