Question: 12 1/15/22 2 units @ $900/ea 3/15/22 4 units @ $850/ea 9/15/22 6 units @ $925/ea 12/15/22 8 units @ $950/ea Using Specific identification 16

12 1/15/22 2 units @ $900/ea 3/15/22 4 units @ $850/ea 9/15/22 6 units @ $925/ea 12/15/22 8 units @ $950/ea Using Specific identification 16 units were sold for $3,500/each. What is the revenue generated? What is the COGS? What is the profit generated for the year? How many units are left in inventory? How much is the inventory left on shelf worth? [Choose ] 6 4 $3,800 $14,550 $17,350 $41,450 $18,350 $5,700 $23,350 $56,000 $11,650 $35,000 [Choose ]
 12 1/15/22 2 units @ $900/ea 3/15/22 4 units @ $850/ea
can you calculate the
revenue generated
The COGS
What is the prophet generated for the year?

1/15/22 2 units@ \$900/ea 3/15/224 units @ \$850/ea 9/15/226 units @ \$925/ea 12/15/228 units @ \$950/ea Using Specific identification 16 units were sold for $3,500/ each

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!