Date June 1 12 23 Explanation Inventory Purchases Purchases 30 Inventory Units 130 370 200 240 Unit Cost Weighted-average unit cost $ $5 6 7 Total Cost $650 2,220 1,400 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Date June 1 12 23 Explanation Inventory Purchases Purchases 30 Inventory Units 130 370 200 240 Unit Cost Weighted-average unit cost $ $5 6 7 Total Cost $650 2,220 1,400 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

Name: Compute the cost of the ending inventory and the cost of goods sold u
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Description: Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to Odecimal places, e.g. 125.)The cost of the endinginventoryThe cost of goods sold$$FIFO$tA$LIFO$$Average-cost 4Cheyenne Corp. us

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 10EA: Calculate the cost of goods sold dollar value for A67 Company for the month, considering the...

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