Question: Current Attempt in Progress Bridgeport Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents.
Current Attempt in Progress Bridgeport Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents. This consists of 49 tents purchased in February at a cost of $208 each and 97 tents purchased in March at a cost of $221 each. During April, the company had the following purchases and sales of tents: Purchases Sales Date Units Unit Cost Units Unit Price Apr. 3 $385 10 204 $270 262 385 24 285 207 385 74 17 292 30 Current Attempt in Progress Bridgeport Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventory, as at April 1, of 146 tents. This consists of 49 tents purchased in February at a cost of $208 each and 97 tents purchased in March at a cost of $221 each. During April, the company had the following purchases and sales of tents: Purchases Sales Date Units Unit Cost Units Unit Price Apr. 3 $385 10 204 $270 262 385 24 285 207 385 74 17 292 30
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