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need help with verifying the answers Date Activities Units Acquired at Cost Units Sold at Retail January 1 Beginning inventory 225 units @ $11.00 =
need help with verifying the answers
Date | Activities | Units Acquired at Cost | Units Sold at Retail | ||||||
---|---|---|---|---|---|---|---|---|---|
January 1 | Beginning inventory | 225 | units | @ $11.00 | = | $ 2,475 | |||
January 10 | Sales | 150 | units | @ $41.00 | |||||
March 14 | Purchase | 340 | units | @ $16.00 | = | 5,440 | |||
March 15 | Sales | 300 | units | @ $41.00 | |||||
July 30 | Purchase | 425 | units | @ $21.00 | = | 8,925 | |||
October 5 | Sales | 395 | units | @ $41.00 | |||||
October 26 | Purchase | 125 | units | @ $26.00 | = | 3,250 | |||
Totals | 1,115 | units | $ 20,090 | 845 | units |
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