Carla Vista Co. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date May 7 July 28 Number of Units (a) 40 30 June 1 sale: On June 1, Carla Vista sold 20 units, and on August 27, 30 more units. Aug. 27 sale: Your answer is partially correct. Unit Price Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) $ $13 $ LA 18 13

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Carla Vista Co. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases.
Date
May 7
July 28
Number of Units
(a)
40
30
On June 1, Carla Vista sold 20 units, and on August 27, 30 more units.
June 1 sale:
Unit Price
Aug. 27 sale:
$13
18
Your answer is partially correct.
Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.)
13
|
Transcribed Image Text:Carla Vista Co. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date May 7 July 28 Number of Units (a) 40 30 On June 1, Carla Vista sold 20 units, and on August 27, 30 more units. June 1 sale: Unit Price Aug. 27 sale: $13 18 Your answer is partially correct. Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) 13 |
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