Question: Brief Exercise 6-5 Martinez Limited uses the average cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [13]

Brief Exercise 6-5 Martinez Limited uses the average cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [13] in the following perpetual inventory schedule. (Round per unit cost and total cost to 2 decimal places, e.g. 15.23.) Balance Cost of Goods Sold Purchases Total Cost Units Total Cost Total Units Cost Units Date $2,580 $172 15 April 1 [3] $ [4] $ 28 1] [2] $5,404 [8] $ 25 [5] [9] $ [71 [6] $ [12] $ [13] $ $206 $2,266 [11] 14 [101 LINK TO TEXT
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
