Question
Pharoah Trading Company uses a periodic inventory system and has a beginning inventory as of April 1 of 180 tents. This consists of 180
Pharoah Trading Company uses a periodic inventory system and has a beginning inventory as of April 1 of 180 tents. This consists of 180 tents purchased in February at a cost of $270 each. During April, the company had the following purchases and sales of tents. Purchases Sales Date Units Unit Cost Units Unit Price April 3 102 $460 10 230 $310 17 280 460 24 330 330 30 230 460 (a1) Your answer is incorrect. Determine cost of goods available for sale and ending inventory in units. Cost of goods available for sale Ending inventory in units $
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
10th Edition
1119791081, 978-1119791089
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