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Wang Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 1500 150.000 12 Purchase 450 600
Wang Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 1500 150.000 12 Purchase 450 600 270,000 23 Purchase 750 700 525,000 30 Inventory 180 (Ending Inventory) Instructions (a) Compute the cost of the ending Inventory and the cost of goods sold under FIFO. 16) Compute the cost of the ending Inventory and the cost of goods sold using the average cost method
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