Top Posters
Since Sunday
n
3
j
3
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
k
2
d
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
StormLrd StormLrd
wrote...
Go to Answer
Posts: 1017
Rep: 0 0
6 years ago
Given the following data, calculate the cost of goods sold for the 04/15 sale using the weighted-average method for a perpetual inventory system, rounding to the nearest dollar. (Do not round in the process of your calculations, only round your final answer.)

1/1   Beginning inventory   50 units at $10 per unit
3/5   Purchases   30 units at $14 per unit
4/15   Sale   20 units at $30 per unit
5/30   Purchases   25 units at $15 per unit
10/25   Purchases   20 units at $16 per unit
11/15   Sale   60 units at $32 per unit
12/31   Ending inventory   45 units
A) $200
B) $230
C) $280
D) $600
Textbook 
Cost Accounting: A Managerial Emphasis, Canadian Edition

Cost Accounting: A Managerial Emphasis, Canadian Edition


Edition: 7th
Authors:
Read 75 times
2 Replies
Replies
Answer verified by a subject expert
TheSinTheSin
wrote...
#1
Posts: 380
Rep: 16 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
#2
3 years ago
.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  914 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 114
  
 53
  
 4717
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Who's your favorite biologist?