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Specific Identification Purchase Date Available for Sale Cost of Goods Sold Ending Inventory Activity # of units Cost Per Unit # of units sold Cost
Specific Identification | |||||||||
Purchase Date | Available for Sale | Cost of Goods Sold | Ending Inventory | ||||||
Activity | # of units | Cost Per Unit | # of units sold | Cost Per Unit | COGS | Ending Inventory- Units | Cost Per Unit | Ending Inventory- Cost | |
January 1 | Beginning inventory | 185 | ? | ? | ? | ||||
January 20 | Purchase | 100 | ? | ? | ? | ||||
January 30 | Purchase | 270 | ? | ? | ? | ||||
555 | 0 | $0 | 0 | $0 |
Weighted Average - Perpetual: | |||||||||||||
Date | Goods Purchased | Cost of Goods Sold | Inventory Balance | ||||||||||
# of units | Cost per unit | # of units sold | Cost per unit | Cost of Goods Sold | # of units | Cost per unit | Inventory Balance | ||||||
January 1 | 185 | at | $11.00 | = | $2,035.00 | ||||||||
January 10 | ? | ? | ? | ? | |||||||||
January 20 | ? | ? | |||||||||||
Average cost January 20 | |||||||||||||
January 25 | ? | ? | ? | ? | |||||||||
January 30 | ? | ? | |||||||||||
Totals | ? |
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