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Make sure you solve them by using MOVING AVERAGE method, step by step solutions The following inventory transactions took place for Carla Vista Ltd. for
Make sure you solve them by using MOVING AVERAGE method, step by step solutions The following inventory transactions took place for Carla Vista Ltd. for the year ended December 31, 2017: Cost/ Selling DateEvent Quantity Price Jan 1 opening inventory 21,000 $46.50 5,900 78.25 35,300 40.25 10,500 49.75 40,000 78.25 14,300 45.00 20,000 78.25 10,100 52.25 15,200 78.25 Jan 5 sale Feb 15 purchase Mar 10 purchase May 20 sale Aug 22 purchase Sep 12 sale Nov 24 purchase Dec 5 sale Calculate the ending inventory balance for Carla Vista Ltd., assuming the company uses a perpetual inventory system and the moving-average cost formula. Also calculate the per-unit cost of the last item sold. (Round unit costs to 2 decimal places, e.g. 52.75 and ending inventory to 0 decimal places, e.g. 5,275.) Ending inventory Unit cost of the last item sold
Make sure you solve them by using MOVING AVERAGE method, step by step solutions
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