From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory is 49 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases Beginning inventory, January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Answer is complete but not entirely con Cost of ending inventory $ 188.65 Cost of goods sold $ 304,15 Units 5 correct. 10 12 15 18 20 32 16 Unit cost $2.00 2.50 3.00 3.25 4.00 4.20 4,40 4.80

From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory is 49 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases Beginning inventory, January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Answer is complete but not entirely con Cost of ending inventory $ 188.65 Cost of goods sold $ 304,15 Units 5 correct. 10 12 15 18 20 32 16 Unit cost $2.00 2.50 3.00 3.25 4.00 4.20 4,40 4.80

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 10PA: Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company,...

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