RJ Corporation has provided the following information about one of its inventory i Date 1/1 6/6...

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RJ Corporation has provided the following information about one of its inventory i Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Cost per Units 442 842 1,242 842 Unit $3,242 $3,642 $4,042 $4,242 During the year, RJ sold 3,168 units. What was cost of goods sold using the average cost flow assumption? Note: Do not round intermediate calculations. RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction. Beginning Inventory Purchase Purchase Purchase Number of Cost per Units 411 811 1,255 811 Unit $3,255 $3,655 $4,055 $4,310 During the year, RJ sold 3,055 units. What was cost of goods sold using the FIFO cost flow assumption? Oxford has the following information available: Year Cost of goods sold Inventory 2022 2021 $1,155,000 $1,185,000 285,000 315,000 Oxford's average number of days to sell its inventory during 2022 is closest to: Note: Use 365 days a year. Round your intermediate calculations to 2 decimal places. RJ Corporation has provided the following information about one of its inventory i Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Cost per Units 442 842 1,242 842 Unit $3,242 $3,642 $4,042 $4,242 During the year, RJ sold 3,168 units. What was cost of goods sold using the average cost flow assumption? Note: Do not round intermediate calculations. RJ Corporation has provided the following information about one of its inventory items: Date 1/1 6/6 9/10 11/15 Transaction. Beginning Inventory Purchase Purchase Purchase Number of Cost per Units 411 811 1,255 811 Unit $3,255 $3,655 $4,055 $4,310 During the year, RJ sold 3,055 units. What was cost of goods sold using the FIFO cost flow assumption? Oxford has the following information available: Year Cost of goods sold Inventory 2022 2021 $1,155,000 $1,185,000 285,000 315,000 Oxford's average number of days to sell its inventory during 2022 is closest to: Note: Use 365 days a year. Round your intermediate calculations to 2 decimal places.

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Answer Computation of cost of goods sold using Average ... View the full answer