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Mar. May Aug Nov. 7 30,000 units @ $ 9.80 each 25 35,000 units @ $11.80 each 1 25,500 units $12.00 each 10 35,000 units
Mar. May Aug Nov. 7 30,000 units @ $ 9.80 each 25 35,000 units @ $11.80 each 1 25,500 units $12.00 each 10 35,000 units 4 $14.30 Gch The company uses a periodic Inventory system. On December 31, 2020, a physical count disclosed that 19,000 units of Product X remalned In Inventory Required: 1. Calculate the number and total cost of the units available for sale during 2020 Number of units Total cost of the units 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold, assuming a. FIFO Total cost of the units for salo Cosi of units sold Cost of units sold b. Welghted average cost basis (Round the "Average cost per unlt" answer to 2 decimal places.) + Tolal cost of the units for sale Cost of units sold
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