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The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 21 612 units
The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020. Beginning Feb. 10 Aug. 21 612 units @ $79/unit 330 units @ $76/unit 210 units @ $89/unit 150 Sulton Company has two credit sales during the period. The units have a selling price of $139.00 per unit Mar. 15 Sept. 10 Sales 410 units 315 units Stilton Company uses a periodic inventory costing system Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using (Round the "Weighted-average cost" to 2 decimal places. Do not round intermediate calculations. Round final answers to 2 decimal places.)
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