Flint Corporation uses a perpetual inventory system. On November 19, the company sold 620 units. The...

 

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Flint Corporation uses a perpetual inventory system. On November 19, the company sold 620 units. The following additional information is available: Units Nov. 1 inventory 310 Nov. 15 purchase 430 Nov. 23 purchase 450 1,190 Cost of Goods Sold Ending Inventory Calculate the November 30 inventory and the November cost of goods sold, using the moving-average cost formula. (Round unit cost to 2 decimal places, e.g. 52.75 and final answers to O decimal places. e.g. 5,275.) $ $ eTextbook and Media Cost of Goods Sold Ending Inventory Unit Cost $12 15 17 $ $ Total Cost Calculate the November 30 inventory and the November cost of goods sold, using the FIFO cost formula. tA $3,720 6,450 7,650 $17,820 Flint Corporation uses a perpetual inventory system. On November 19, the company sold 620 units. The following additional information is available: Units Nov. 1 inventory 310 Nov. 15 purchase 430 Nov. 23 purchase 450 1,190 Cost of Goods Sold Ending Inventory Calculate the November 30 inventory and the November cost of goods sold, using the moving-average cost formula. (Round unit cost to 2 decimal places, e.g. 52.75 and final answers to O decimal places. e.g. 5,275.) $ $ eTextbook and Media Cost of Goods Sold Ending Inventory Unit Cost $12 15 17 $ $ Total Cost Calculate the November 30 inventory and the November cost of goods sold, using the FIFO cost formula. tA $3,720 6,450 7,650 $17,820

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