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Spiderman Company had the following events related to inventory and sales during January. Please Show your work: You should fill in the correct answers in
Spiderman Company had the following events related to inventory and sales during January. | ||||
Please Show your work: You should fill in the correct answers in the boxes below. | ||||
Date | Transaction | Units | $/Unit | |
1 | Beg Inventory | 100 | 5 | |
10 | Purchase | 300 | 7 | |
12 | Sale | 200 | 20 (Selling Price) | |
19 | Purchase | 300 | 9 | |
31 | Sale | 200 | 20 (Selling Price) | |
1 Pt | How many Units were Available for Sale? | |||
1 Pt | What was the total Cost of Goods Available for Sale? (GAS) | |||
Beg Inv + Purchases = GAS | ||||
1 Pt | How many Units were sold? | |||
1 Pt | How many Units remained in Inventory at the end of the month? | |||
1 Pt | What was the average Cost Per Unit for January? | |||
(Perodic Metod) | ||||
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