Question: Question 19 View Policies Current Attempt in Progress At May 1, 2022, Pharoah Company had beginning inventory consisting of 370 units with a unit cost
Question 19 View Policies Current Attempt in Progress At May 1, 2022, Pharoah Company had beginning inventory consisting of 370 units with a unit cost of $9.During May, the company purchased inventory as follows: - 740 units at $9 1120 units at $10 The company sold 1860 units during the month for $15 per unit. Pharoah Company uses the average cost method. The value of Pharoah Company's inventory at May 31, 2022 is (Round average cost per unit to 2 decimal places, 28. 12.52.) $3330 $21190 $3515. $3700 Save for Later Arom
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
