Question
Kingbird, Inc. reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 400 $6 $2,400 12 Purchase
Kingbird, Inc. reports the following for the month of June.
| Date | Explanation | Units | Unit Cost | Total Cost | ||||||
| June 1 | Inventory | 400 | $6 | $2,400 | ||||||
| 12 | Purchase | 800 | 7 | 5,600 | ||||||
| 23 | Purchase | 600 | 8 | 4,800 | ||||||
| 30 | Inventory | 200 | ||||||||
Assume a sale of 880 units occurred on June 15 for a selling price of $9 and a sale of 720 units on June 27 for $10.
Calculate cost of goods available for sale.
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The Evaluation Of An Internal Audit Department The Case Of SOTELMA
Authors: Oumar Bah
1st Edition
6204486039, 978-6204486031
