Extreme Company showed the following information! Units Unit cost Total cost 40 400,000 1 Beginning 31 Sale 1 Purchase 31 Sale 1 Purchase December 31 Sale 10,000 5,000 15,000 18,000 25,000 12,000 January 50 750,000 April July October 60 1,500,000 Under the weighted average method, what amount should he renorted as inventory on December 31?
Extreme Company showed the following information! Units Unit cost Total cost 40 400,000 1 Beginning 31 Sale 1 Purchase 31 Sale 1 Purchase December 31 Sale 10,000 5,000 15,000 18,000 25,000 12,000 January 50 750,000 April July October 60 1,500,000 Under the weighted average method, what amount should he renorted as inventory on December 31?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Using the same problem as above, how much is the total cost of the July 31 Sale
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