Assume the following data: Date Item Oct. 1 Beginning balance 5 Sale 9 Purchase 15 Sale...
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Assume the following data: Date Item Oct. 1 Beginning balance 5 Sale 9 Purchase 15 Sale 30 Purchase Date Oct. 1 5 9 Opening and Purchases Amount Quantity 300 Unit Unit Cost 180 230 340 270 Unit Costs $80 82 Calculate the Cost of Goods Sold and Ending Inventory using Weighted Average method (rounded to two decimal points). Unit 83 Cost of Goods Sold Unit Cost Sale Price $140 145 Amount Unit Balance Unit Cost Amount Assume the following data: Date Item Oct. 1 Beginning balance 5 Sale 9 Purchase 15 Sale 30 Purchase Date Oct. 1 5 9 Opening and Purchases Amount Quantity 300 Unit Unit Cost 180 230 340 270 Unit Costs $80 82 Calculate the Cost of Goods Sold and Ending Inventory using Weighted Average method (rounded to two decimal points). Unit 83 Cost of Goods Sold Unit Cost Sale Price $140 145 Amount Unit Balance Unit Cost Amount Assume the following data: Date Item Oct. 1 Beginning balance 5 Sale 9 Purchase 15 Sale 30 Purchase Date Oct. 1 5 9 Opening and Purchases Amount Quantity 300 Unit Unit Cost 180 230 340 270 Unit Costs $80 82 Calculate the Cost of Goods Sold and Ending Inventory using Weighted Average method (rounded to two decimal points). Unit 83 Cost of Goods Sold Unit Cost Sale Price $140 145 Amount Unit Balance Unit Cost Amount Assume the following data: Date Item Oct. 1 Beginning balance 5 Sale 9 Purchase 15 Sale 30 Purchase Date Oct. 1 5 9 Opening and Purchases Amount Quantity 300 Unit Unit Cost 180 230 340 270 Unit Costs $80 82 Calculate the Cost of Goods Sold and Ending Inventory using Weighted Average method (rounded to two decimal points). Unit 83 Cost of Goods Sold Unit Cost Sale Price $140 145 Amount Unit Balance Unit Cost Amount
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To calculate the Cost of Goods Sold COGS and Ending Inventory using the Weighted Average method we n... View the full answer
Related Book For
Financial Accounting
ISBN: 978-1259914898
5th edition
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
Posted Date:
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