Question: Solve for question B Deala Ltd. (DL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had
Solve for question B


Deala Ltd. (DL) is a retailer of office equipment. The company uses a periodic inventory system and on October 1 had 2,000 units of inventory with a total cost of $46,000. During the month of October, DL had the following inventory-related transactions: Date 9 12 25 28 (a) Explanation Purchase Purchases Sale Purchase Sale Units 4,500 4,300 (4,500 4,300 (6,300 unit Cost/Price $24.00 23.50 40.00 23.80 40.00 Your answer is correct. Determine the cost of goods available for sale for the month. Cost of goods available for sale FIFO 357390 Total Cost $108,000 101,050 102,340 Average 357390
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
