The Global Filter Corp. company has the following purchases and sales during the year ended December 3
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Question:
The Global Filter Corp. company has the following purchases and sales during the year ended December
Inventory and Purchases Sales Specific Units Sold
Beginning: units @ $unit
March : units @ $unit
June : units @ $unit
March : units
November : units
March : units from beginning inventory
units from the March purchase
November : units from beginning inventory
units from the March purchase
units from the June purchase
The units have a selling price of $ per unit.
a Given that Global Filter Corp. employs a perpetual inventory system, calculate the cost of goods available for sale and the number of units available for sale, as well as the units remaining in ending inventory.
How do you calculate the units and in the section of cost of good sold ?
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