Question: SB Beech Soda, Inc. uses a perpetual inventory ... Beech Soda, Inc. uses a perpetual inventory system. The company's beginning Inventory of a particular product



SB Beech Soda, Inc. uses a perpetual inventory ... Beech Soda, Inc. uses a perpetual inventory system. The company's beginning Inventory of a particular product and its purchases during the month of January were as follows: Beginning Inventory (Jan. 1) Purchase (Jan. 11) Purchase (Jan. 20) Quantity 22 25 36 Unit Cost $ 24 $ 30 $ 32 Total Cost $ 528 750 1.152 Total 83 $ 2,430 On January 14, Beech Soda, Inc. sold 38 units of this product. The other 45 units remained in Inventory at January 31. References Section Break SB Beech Soda, Inc. uses a perpetual inventory --- MC Qu. 93 Assuming that Beech Soda uses the FIFO flow... Assuming that Beech Soda uses the FIFO flow assumption, the 45 units of this product in Inventory at January 31 have a total cost of: $2,030. $1,397 $1,368 $1,422 References Multiple Choice MC Qu. 93 Assuming that Beech Soda uses the FIFO flow MC Qu. 92 Assuming that Beech Soda uses the average co... Assuming that Beech Soda uses the average cost flow assumption, the cost of goods sold to be recorded at January 14 is (round cost per unit to nearest cent): O $1,223.62 O $2,430,00 $1.033.28 $1.112.53
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