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Question 4 (18 points] The Dylex Corporation company has the following purchases and sales during the year ended December 31, 2014 Inventory and Purchases Sales
Question 4 (18 points] The Dylex Corporation company has the following purchases and sales during the year ended December 31, 2014 Inventory and Purchases Sales Beginning 300 units @ $73/unit March 11 200 units February 27 200 units @ $68/unit October 27 200 units June 30 200 units @ $70/unit The units have a selling price of $80.00 per unit. a) Given that Dylex Corporation employs a perpetual inventory system, calculate the cost of goods available for sale and the number of ur Cost of goods available for sale Units available for sale Units remaining in ending inventory b) Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profit eamed by D Average Calculate weighted average cost per unit of merchandise inventory to the nearest cent. FIFO Weighted Average Cost of Goods Sold Ending Inventory Gross Profit
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