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Shown below is activity for one of the products of Denver Office Equipment: January 1 balance, 6 9 0 units @$ 6 0 per unit
Shown below is activity for one of the products of Denver Office Equipment: January balance, units @$ per unit $ Purchases: January : units @ $ per unit January : units @ $ per unit Sales: January : units January : units Required: Compute the January ending inventory and cost of goods sold for January, assuming Denver uses average cost and a perpetual inventory system. Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar amount. Ending inventory Cost of goods sold
Shown below is activity for one of the products of Denver Office Equipment:
January balance, units @$ per unit $
Purchases:
January : units @ $ per unit
January : units @ $ per unit
Sales:
January : units
January : units
Required:
Compute the January ending inventory and cost of goods sold for January, assuming Denver uses average cost and a perpetual
inventory system.
Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.
Ending inventory
Cost of goods sold
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