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Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick.
Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130. Description Mar. 1 Beginning Inventory Units 18 Unit Cost $43 Man. 3 Purchase Mar. Mar. 17 Sale Mar. 23 Purchase Mar. 31 Sale 63 $48 6 Purchase 113 $53 58 56 $159 146 Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.) Post of Goodie 10yently 1. FIFO $ 8.652 $ 1728 2. Moving weighted average Prev 310 Next >
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