Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help answer part B. part a is done. thanx Question 1 of 4 0.5/1 E View Policies Show Attempt History Current Attempt in Progress

please help answer part B. part a is done. thanx image text in transcribed
image text in transcribed
Question 1 of 4 0.5/1 E View Policies Show Attempt History Current Attempt in Progress Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available Units April 1 inventory April 15 purchase April 23 purchase 270 410 320 1.000 Unit Cost $16 19 21 Total Cost $ 4,320 7.790 6.720 $18,830 Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, es. 2.76) Weighted average cost per unit $ 18.83 (b) x Your answer is incorrect Compute the April 30 inventory and the April cost of goods sold using the average-cost method (Round answers to decimal places, eg. 2,760.) $ 8240 Ending inventory Cost of goods sold $ 10590 Question 1 of 4 0.5/1 E View Policies Show Attempt History Current Attempt in Progress Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available Units April 1 inventory April 15 purchase April 23 purchase 270 410 320 1.000 Unit Cost $16 19 21 Total Cost $ 4,320 7.790 6.720 $18,830 Your answer is correct. Calculate weighted average cost per unit. (Round answer to 2 decimal places, es. 2.76) Weighted average cost per unit $ 18.83 (b) x Your answer is incorrect Compute the April 30 inventory and the April cost of goods sold using the average-cost method (Round answers to decimal places, eg. 2,760.) $ 8240 Ending inventory Cost of goods sold $ 10590

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance For Non-Finance Executives

Authors: Anurag Singal

1st Edition

1952538327, 9781952538322

More Books

Students also viewed these Accounting questions

Question

preparing for and completing job interviews and considering offers.

Answered: 1 week ago

Question

4. How would you deal with the store manager?

Answered: 1 week ago