ABC Co uses perpetual inventory system and Average Cost Method.

The company's information for December 2021 is as follows:

December 1- Beginning inventory value is $ 800 in total for 20 units of inventory. December 7- Sold 10 units $50 each. December 12- Purchased 15 units at the cost of $42 each. December 17- Sold 8 units $50 each. December 23-Sold 4 units $50 each. December 27- Purchased 8 units at the cost of $44 each. December 30- Sold 10 units $50 each.

What amount should be recorded to COGS for the sale transaction on December 17?

Ltfen birini sein:

a. 630

b. 431,20

c. 164,80

d. 329,60

During the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows:

Unit Unit Cost Beginning inventory 100 $5 Purchase, January 12 200 $6 Purchase, August 25 150 $7 Ending inventory 200

What is the value of ending inventory:

Ltfen birini sein:

a. 1450

b. 1400

c. 2700

d. 1350

During the year, ABC Inc determined ending inventory and COGS under FIFO cost flow and periodic inventory method. Other information available is as follows:

Unit Unit Cost Beginning inventory 100 $5 Purchase, January 12 200 $6 Purchase, August 25 150 $7 Ending inventory 200

What is the value of COGS:

Ltfen birini sein:

a. 1450

b. 2750

c. 1350

d. 1400