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The answer outlined in red are wrong and need help getting the right answer. Exercise 6-17 al-a3 (Video) Vaughn Company reports the following for the
The answer outlined in red are wrong and need help getting the right answer.
Exercise 6-17 al-a3 (Video) Vaughn Company reports the following for the month of June. Date Unit Cost Units Total Cost 200 $5 Explanation Inventory Purchase Purchase Inventory June 1 12 23 30 400 8 9 $1,000 3,200 3,600 400 50 Assume a sale of 500 units occurred on June 15 for a selling price of 10 and a sale of 450 units on June 27 for $11. Your answer is correct. Calculate cost of goods available for sale. The cost of goods available for sale 7800.00 s! LINK TO TEXT VIDEO: SIMILAR EXERCISE Your answer is correct. Calculate Moving-Average unit cost for June 1, 12, 15, 23 & 27. (Round answers to 3 decimal places, e.g. 2.525.) June 1 5.00 SI June 12 7.00 June 15 7.00 SI June 23 8.60 sl June 27 8.60 LINK TO TEXT VIDEO: SIMILAR EXERCISE Your answer is partially correct. Try again. Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average cost per unit to 3 decimal places, e.g. 12.520 and final answer to o decimal places, e.g. 1,250.) Moving-Average Cost FIFO LIFO The cost ending inventory 450 250 390 The cost of goods sold 7350 7550 7010.00 Click if you would like to Show Work for this question: Open Show WorkStep by Step Solution
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