A company had the following purchases during its first year of operations: Purchases January May September...
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A company had the following purchases during its first year of operations: Purchases January May September October 6 units at $ 25 16 units at $28 12 units at $ 29 What is the weighed average cost per unit On May? Round your answer to 2 decimal places. Sales 16 units at $ 50 & Moving to another question will save this response. Question 4 A company had the following purchases during its first year of operations: Purchases Sales January May September 80 units at $ 21 110 units at $80 Inventory. 40 units at $24 Assuming that the company uses the specific identification as their inventory valuation method. What is the cost of sales for the year? Assume that on Septmeber the company sold 30 units of the beginning inventory and 80 units of the May purchases. A company had the following purchases during its first year of operations: Purchases January May September October 6 units at $ 25 16 units at $28 12 units at $ 29 What is the weighed average cost per unit On May? Round your answer to 2 decimal places. Sales 16 units at $ 50 & Moving to another question will save this response. Question 4 A company had the following purchases during its first year of operations: Purchases Sales January May September 80 units at $ 21 110 units at $80 Inventory. 40 units at $24 Assuming that the company uses the specific identification as their inventory valuation method. What is the cost of sales for the year? Assume that on Septmeber the company sold 30 units of the beginning inventory and 80 units of the May purchases.
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3 As the company is using weighted average method stock cost per unit is revalued after e... View the full answer
Related Book For
Intermediate Accounting
ISBN: 978-0077400163
6th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
Posted Date:
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