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Units Unit Cost Total Cost January 1 - Beginning inventory 390 $32.00 $12,480.00 Purchase, February 20 700 $34.25 $23,975.00 Purchase, June 30 460 $37.00 $17,020.00
| Units | Unit Cost | Total Cost | |
| January 1 - Beginning inventory | 390 | $32.00 | $12,480.00 |
| Purchase, February 20 | 700 | $34.25 | $23,975.00 |
| Purchase, June 30 | 460 | $37.00 | $17,020.00 |
| Good available for sale | 1,550 | $53,475.00 |
From the information above how do I calculate the ending inventory?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
15th edition
978-0077522940
