Question: Please help in solving Perry C ay had the following inventory information for the year ending December 313 Units Unit Cost Total Beginning inventory 35
Perry C ay had the following inventory information for the year ending December 313 Units Unit Cost Total Beginning inventory 35 STI $385 Purchases: March 50 10 500 Junots 35 9 315 September 28 30 5 ISO Cost of Goods Available for Sale 150 $1,350 On December 31, Perry Company had an ending Inventory of 45 units. They use a periodic inventory system to compute the cost of ending inventory Required: Using LEO: (a) Compute the cost of ending Inventory (6) Compute the cost of goods sold Cost of ending inventory Cost of goods sold 50 X 5
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