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The folowing intormation is taken from the inventory recorcs or the CNB Company for the month or September: Required: 1. Assuming that CNB uses a
The folowing intormation is taken from the inventory recorcs or the CNB Company for the month or September: Required: 1. Assuming that CNB uses a penodic inventory system and employs the average cost method, aetermine cost of goods sola for September and septembers ending irventory 2. Assuming that CNB ures a peipetual inventory system and employs the average cost method, determine cost of goods sold for September and September's ending inventory. Complete this question by enteriag your answers in the tabs below. Acsuming that cNo oues a perpetual inventory syitem and employs the average cost method, determite cost of goods sold for September and Siptember's ensiing liventory. Kste: Cmter inventory reductions for sales with a minus shan. Round "Avirage coct per Unit' to 2 declmal claces. The folowing intormation is taken from the inventory recorcs or the CNB Company for the month or September: Required: 1. Assuming that CNB uses a penodic inventory system and employs the average cost method, aetermine cost of goods sola for September and septembers ending irventory 2. Assuming that CNB ures a peipetual inventory system and employs the average cost method, determine cost of goods sold for September and September's ending inventory. Complete this question by enteriag your answers in the tabs below. Acsuming that cNo oues a perpetual inventory syitem and employs the average cost method, determite cost of goods sold for September and Siptember's ensiing liventory. Kste: Cmter inventory reductions for sales with a minus shan. Round "Avirage coct per Unit' to 2 declmal claces
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