subject
Business, 08.04.2021 22:40 arpita111

Stores reports the following transactions related to inventory. LOADING...​(Click the icon to view the inventory​ transactions.) sells all products at each. What is cost of goods available for​ sale, cost of goods​ sold, and ending inventory for the current year using the​ moving-average method under a perpetual​ system? Begin by entering ​'s purchase and sale transactions in chronological order one line at a​ time, calculating a new​ moving-average cost per unit after every transaction. ​(Use a minus sign or parentheses for units sold or for a reduction in cost. Round your answer for cost per unit to two decimal​ places.) Moving-average: Units Average Purchased Cumulative Cumulative Cost Transaction (Sold) Unit Cost Units Cost Cost Per Unit Beginning Inventory 1800 4 1800 7200 7200 4 Purchase - 3/30 6300 9 8100 56700 63900 7.89 Purchase - 4/16 4100 5 12200 20500 84400 6.92 Sale - 5/11 –2400 9800 Purchase - 6/13 2200 3.5 12000 7700 Sale - 7/1 –4100 7900 Purchase - 10/5 3900 10 11800 39000

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 13:40
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
question
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
question
Business, 22.06.2019 23:00
The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage:
Answers: 1
You know the right answer?
Stores reports the following transactions related to inventory. LOADING...​(Click the icon to view t...
Questions
question
Chemistry, 20.09.2020 19:01
Questions on the website: 13722359