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Other Fields Homework Help Accounting Topic started by: tivo on Feb 20, 2017



Title: Given the following inventory activity, what is ending inventory using the perpetual average costing ...
Post by: tivo on Feb 20, 2017
Given the following inventory activity, what is ending inventory using the perpetual average costing method?

Date      Quantity   Unit Cost
Beginning Balance      
100   
$5.00
September 17   Purchase   50   $3.50
September 24   Sale   25   
September 29   Purchases   40   $6

A) 165 units @ $4.86
B) 100 units @ $5.00 and 25 units @ $3.50 and 40 units @ $6.00
C) 125 units @ $4.50 and 40 units @ $6.00
D) 75 units @ $5.00 and 50 units @ $3.50 and 40 units @ $6.00


Title: Re: Given the following inventory activity, what is ending inventory using the perpetual average ...
Post by: antonio_john on Feb 20, 2017
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Title: Re: Given the following inventory activity, what is ending inventory using the perpetual average costing ...
Post by: tivo on Apr 10, 2017
Thank you for helping me with my accounting homework, will ask again