Oriole Company's record of transactions concerning part X for the month of April was as follows....
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Oriole Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 390 @ $7.00 April 5 590 4 690 @ 7.10 12 490 11 590 7.40 27 1,380 18 490 @ 7.50 28 150 26 890 7.80 30 490 8.10 (a1) Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, eg. 2.7682.) Average-cost per unit 24 7.51 Oriole Company's record of transactions concerning part X for the month of April was as follows. Purchases Sales April 1 (balance on hand) 390 @ $7.00 April 5 590 4 690 @ 7.10 12 490 11 590 7.40 27 1,380 18 490 @ 7.50 28 150 26 890 7.80 30 490 8.10 (a1) Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, eg. 2.7682.) Average-cost per unit 24 7.51
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Date Particulars Units Unit cost Total cost April 1 Balance on Hand 390 700 ... View the full answer
Related Book For
Intermediate Accounting principles and analysis
ISBN: 978-0471737933
2nd Edition
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
Posted Date:
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