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The beginning inventory for Midnight Supplies and data on purchases and sales for a three month period are as follows: Number Date Transaction of Units
The beginning inventory for Midnight Supplies and data on purchases and sales for a three month period are as follows: Number Date Transaction of Units Per Unit Total Jan. Inventory 8,000 570.00 3560,000 10 Purchase 2,000 0.00 1.920,000 28 Sale 12.000 140.00 1.600.000 30 Sale 4,000 140.00 500.000 b. S 1,600 140.00 22.000 10 Purcha 57.100 250 3,752.000 16 4.320,000 27,200 150.00 400.000 Mar 5 Puan 000 1450 4,050,000 14 Sale 32.000 150.00 400.00 35.00 6. 25,000 300,000 23,00 0,00 Purchases Date Quantity Unit Cost Total Cost Quantity Cost of Goods Sold Unit Cout Total Cost Quantity Inventory Unit Cost Total Cas 10 13 10 LE Mar. 30 Mar. 31 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales Total cost of goods sold Gross profit 3. Determine the ending inventory cost as of March 31. Check Woo
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