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Please show working. Thank you! Date Activity Units Purchase Price (per unit) Sale Price (per unit) Oct 01 Beg. inventory 800 $30 Oct 05 Sale
Please show working. Thank you!
| Date | Activity | Units | Purchase Price (per unit) | Sale Price (per unit) |
| Oct 01 | Beg. inventory | 800 | $30 | |
| Oct 05 | Sale 1 | 500 | $60 | |
| Oct 15 | Purchase 1 | 1,500 | $35 | |
| Oct 21 | Sale 2 | 1,000 | $65 | |
| Oct 23 | Purchase 2 | 700 | $40 | |
| Oct 29 | Sale 3 | 800 | $70 |
Using the Weighted Average inventory method calculate the cost of ending inventory after the last sale.
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Performance Management In Retail And The Consumer Goods Industry Best Practices And Case Studies
Authors: Michael Buttkus
1st Edition
303012729X, 9783030127299
