3 From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending Inventory is 49 units. Note: Round your intermediate calculations and final answers to the nearest cent. ences Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 5 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
3 From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending Inventory is 49 units. Note: Round your intermediate calculations and final answers to the nearest cent. ences Beginning inventory and purchases January 1 April 10 May 15 July 22 August 19 September 30 November 10 December 15 Cost of ending inventory Cost of goods sold Units 5 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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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rint
From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending
Inventory is 49 units.
Note: Round your intermediate calculations and final answers to the nearest cent.
1.0
lerences
Beginning inventory
and purchases
January 1
April 10
May 15
July 22
August 19
Mc
Graw
Hill
September 30
November 10
December 15
Cost of ending inventory
Cost of goods sold
Units
5
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
< Prev
lab
caps lock
shift
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JUL
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1
W
option
Next
#
S
E
H
D
command
R
C
5
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8
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Transcribed Image Text:ok
rint
From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending
Inventory is 49 units.
Note: Round your intermediate calculations and final answers to the nearest cent.
1.0
lerences
Beginning inventory
and purchases
January 1
April 10
May 15
July 22
August 19
Mc
Graw
Hill
September 30
November 10
December 15
Cost of ending inventory
Cost of goods sold
Units
5
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
< Prev
lab
caps lock
shift
BUD
fr
7 of 10
control
JUL
30
A
2
Z
1
W
option
Next
#
S
E
H
D
command
R
C
5
F
V
G
Y
B
H
A
8
N
J
K
M
O
ge
command
ont
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