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LilyCompany reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1Inventory150$10$1,50012Purchase450114,95023Purchase400124,80030Inventory80 Assume a sale of500units occurred on June
LilyCompany reports the following for the month of June.
Date
Explanation
Units
Unit Cost
Total Cost
June 1Inventory150$10$1,50012Purchase450114,95023Purchase400124,80030Inventory80
Assume a sale of500units occurred on June 15 for a selling price of $13and a sale of420units on June 27 for $14.
(a1)
Calculate cost of goods available for sale.
The cost of goods available for sale$
Enter the cost of goods available for sale in dollars
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