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Wang Company reports the following for the month of June. Total sales amounted to $900,000. Units Unit Cost Total Cost June 1Inventory300$500$150,000 12Purchase450600270,000 23Purchase750700525,000 30Inventory240
- Wang Company reports the following for the month of June. Total sales amounted to $900,000.
UnitsUnit CostTotal Cost
June 1Inventory300$500$150,000
12Purchase450600270,000
23Purchase750700525,000
30Inventory240
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( c)Record sale (using FIFO).
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