Question
Pearl Industries had a beginning inventory of93units of Product RST at a cost of $8per unit. During the year, purchases were: Feb. 20 589 units
Pearl Industries had a beginning inventory of93units of Product RST at a cost of $8per unit. During the year, purchases were:
| Feb. 20 | 589 | units at | $9 | Aug. 12 | 425 | units at | $11 |
| May 5 | 480 | units at | $10 | Dec. 8 | 92 | units at | $12 |
Pearl Industries uses a periodic inventory system. Sales totaled1,525units.
(a) determine the cost of goods available for sale
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Accounting Chapters 1-13
Authors: Carl Warren
27th Edition
1337272108, 978-1337272100
