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[The following information applies to the questions displayed below.] The following information pertains to Mason Company for Year 2: Beginning inventory 156 units @ $
[The following information applies to the questions displayed below.]
The following information pertains to Mason Company for Year 2:
Beginning inventory | 156 | units | @ | $ | 50 | |
Units purchased | 438 | units | @ | $ | 75 | |
Ending inventory consisted of 62 units. Mason sold 532 units at $150 each. All purchases and sales were made with cash. Operating expenses amounted to $4,125.
c. Weighted average: (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Cost of goods sold Ending inventory units units
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