|
Title: A company purchased 300 units for $60 each on January 31. It purchased 150 units for $25 each on ... Post by: H3Ko on Aug 29, 2016 A company purchased 300 units for $60 each on January 31. It purchased 150 units for $25 each on February 28. It sold a total of 250 units for $70 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the amount of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.)
A) $21,750 B) $12,084 C) $9,666 D) $8,500 Title: Re: A company purchased 300 units for $60 each on January 31. It purchased 150 units for $25 each on ... Post by: Tanks on Aug 29, 2016 Content hidden
Title: Re: A company purchased 300 units for $60 each on January 31. It purchased 150 units for $25 each on ... Post by: H3Ko on Oct 12, 2016 I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
|