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Problem 6-2B Alternative cost flows-perpetual LO2 excel CHECK FIGURES: 1. Ending inventory: a. $35,345.00; b. $34,760.75; 2. Ending inventory = $35,020.00 The Obama Company
Problem 6-2B Alternative cost flows-perpetual LO2 excel CHECK FIGURES: 1. Ending inventory: a. $35,345.00; b. $34,760.75; 2. Ending inventory = $35,020.00 The Obama Company has the following inventory purchases during the fiscal year ended December 31, 2020. Beginning... Feb. 13 Aug. 5 619 units @ $78/unit 335 units @ $75/unit 215 units @ $88/unit Obama Company has two sales during the period. The units have a selling price of $138 per unit. Feb. 15 Aug. 10 Sales 415 units 320 units
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