DATE RECEIPTS ISSUANCES BALANCES JUNE UNITS UC AMOUNT UNITS UC AMOUNT UNITS UC AMOUNT 800 38.00 30,400.00 3 1200 40.00 4 1500 10 800 42.00 15 700 15 1500 41.00 15 1600 26 800 40.00 27 550 30 600 43.00 TOTAL
DATE RECEIPTS ISSUANCES BALANCES JUNE UNITS UC AMOUNT UNITS UC AMOUNT UNITS UC AMOUNT 800 38.00 30,400.00 3 1200 40.00 4 1500 10 800 42.00 15 700 15 1500 41.00 15 1600 26 800 40.00 27 550 30 600 43.00 TOTAL
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Below is the Inventory Stock Card maintained by HTGAWM Corp for the Raw Material A for the month of June 2021:
Using moving average method, the total cost of raw materials issued on June 15 amounts to:
(two decimal places for unit cost; round of final answer - nearest peso)
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