Flint Corporation uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date May 7 July 28 Number of Units Unit Price $17 (a) 52 On June 1, Flintoration sold 26 units, and on August 27, 39 more units. 39 * Your answer is incorrect. June 1 sale: Aug. 27 sale: Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) 22 TA $ 492.57 738.855
Flint Corporation uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date May 7 July 28 Number of Units Unit Price $17 (a) 52 On June 1, Flintoration sold 26 units, and on August 27, 39 more units. 39 * Your answer is incorrect. June 1 sale: Aug. 27 sale: Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) 22 TA $ 492.57 738.855
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter7: Inventories: Cost Measurement And Flow Assumptions
Section: Chapter Questions
Problem 12RE: Carla Company uses the perpetual inventory system. The following information is available for...
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![Flint Corporation uses a perpetual inventory system. Data for product E2-D2 includes the following purchases.
Date
May 7
July 28
Number of Units Unit Price
(a)
52
39
On June 1, Flintoration sold 26 units, and on August 27, 39 more units.
* Your answer is incorrect.
June 1 sale:
Aug. 27 sale:
Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.)
$17
$
22
$
492.57
738.855](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F024f156e-a3bf-4cff-b6b1-7bce99b7b856%2F9323ad75-55a7-4ccf-b68c-cfb8e877fde7%2Fhj5qx7a_processed.png&w=3840&q=75)
Transcribed Image Text:Flint Corporation uses a perpetual inventory system. Data for product E2-D2 includes the following purchases.
Date
May 7
July 28
Number of Units Unit Price
(a)
52
39
On June 1, Flintoration sold 26 units, and on August 27, 39 more units.
* Your answer is incorrect.
June 1 sale:
Aug. 27 sale:
Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.)
$17
$
22
$
492.57
738.855
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