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Pharoah Company uses the perpetual inventory system and had the following purchases and sales during March. Purchases Sales Units Unit Cost Units Selling Price/Unit
Pharoah Company uses the perpetual inventory system and had the following purchases and sales during March. Purchases Sales Units Unit Cost Units Selling Price/Unit 3/1 Beginning inventory 140 $20 3/3 Purchase 100 $30 3/4 Sales 110 $40 3/10 Purchase 240 $35 3/16 Sales 120 $50 3/19 Purchase 80 $40 3/25 Sales 160 $50
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