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Required information [The following information applies to the questions displayed below.] Ferris Company began January with 6,000 units of its principal product. The cost of
Required information [The following information applies to the questions displayed below.] Ferris Company began January with 6,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Purchases Unit Cost $ 9 Date of Purchase Jan. 10 Jan. 18 Totals Units 5,000 6,000 11,000 10 $ 45,000 60,000 $105,000 Includes purchase price and cost of freight. Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 3,000 2,000 4,000 9,000 8,000 units were on hand at the end of the month. 12 12 of 14 Next > 3. calculate January's ending loventory and cost of goods sold for the month in perpetuisystem Answer is not completa T Coat of Good Son Jean Custo Good Ave fot os de Color Goods Sald- J BOS48,000D OS 3. 000 .000 12 13 14 14 Next >
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