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RAL Inc. show the following transactions for October: Sales totalled 200 units Beginning Date September 1 Units Unit Cost Total Cost 100 $6 $600
RAL Inc. show the following transactions for October: Sales totalled 200 units Beginning Date September 1 Units Unit Cost Total Cost 100 $6 $600 Inventory Purchase September 12 200 $3 600 a) Calculate the number and cost of goods available for sale b) Calculate the number of units in ending inventory c) Calculate the cost of ending inventory using weighted average d) Calculate the cost of ending inventory using FIF
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
3rd edition
9780077506902, 78025540, 77506901, 978-0078025549
