complete the following requirements : Date Units Cost per unit $10 January 1 Purchases 20 Units...
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complete the following requirements : Date Units Cost per unit $10 January 1 Purchases 20 Units January 5 Purchases 10 Units $15 January 10 Purchases 25 Units $20 January 15 Purchases 20 Units $25 Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 30 items sold in 2020? 1-The total units is: 2-The cost of goods available for sale is: 3-The weight average cost is: 4- cost of goods sold is : 5-The ending inventory cost is: complete the following requirements : Date Units Cost per unit $10 January 1 Purchases 20 Units January 5 Purchases 10 Units $15 January 10 Purchases 25 Units $20 January 15 Purchases 20 Units $25 Assuming the perpetual moving-average cost flow assumption, what is the company's cost of goods sold for the 30 items sold in 2020? 1-The total units is: 2-The cost of goods available for sale is: 3-The weight average cost is: 4- cost of goods sold is : 5-The ending inventory cost is:
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Answer rating: 100% (QA)
Date Particulars 1Jan Purchase 5Jan Purchase Units 20 10 30 25 55 20 Average cost 75 ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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