Question
Zimmer Products had the following activity during February: Feb. 1: Had 320 units in inventory valued at $6.00 per unit. Feb. 13: Purchased 85 units
Zimmer Products had the following activity during February: Feb. 1: Had 320 units in inventory valued at $6.00 per unit. Feb. 13: Purchased 85 units at $6.20 per unit. Feb. 22: Purchased 110 units at $6.50 per unit. Feb. 27: Sold 360 units.
Costs of Goods Sold: Feb. 27 Qty. = ?? Feb. 27 Unit Cost = ??
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Auditing The Procurement Function The Iia Research Foundation Handbook Series
Authors: David O Regan, CIA, FCA
1st Edition
0894136224, 978-0894136221
