From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending in Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases January 1 April 10 Hay 15 July 22 August 19 September 30 November 10 Decenber 15 Units Unit cost $1.60 13 14 19 19 33 2.10 2.60 2.85 3.60 3.80 4.00 15 4.40
From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending in Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.) Beginning inventory and purchases January 1 April 10 Hay 15 July 22 August 19 September 30 November 10 Decenber 15 Units Unit cost $1.60 13 14 19 19 33 2.10 2.60 2.85 3.60 3.80 4.00 15 4.40
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter14: Adjustments For A Merchandising Business
Section: Chapter Questions
Problem 7SEA: DETERMINING THE BEGINNING AND ENDING INVENTORY FROM A PARTIAL SPREADSHEET: PERIODIC INVENTORY SYSTEM...
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![From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory
Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.)
Beginning inventory
and purchases
January 1
April 10
May 15
July 22
August 19
September 30
November 10
Units
Unit cost
6
$1.60
2.10
2.60
13
2.85
3.60
14
19
3.80
4.00
4.40
19
33
Decenber 15
15
Answer is complete but not entirely correct.
Cost of ending inventory
Cont of goods sold
199 52
240 80](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3feafac8-282f-4e35-9b65-e5a3ee3979b3%2Fe276a0ed-2ebc-4a07-8ac3-0cf190e78d3f%2F7s6wn04_processed.jpeg&w=3840&q=75)
Transcribed Image Text:From the following, calculate the cost of ending inventory and cost of goods sold for the weighted-average method, ending inventory
Is 58 units. (Round your intermediate calculations and final answers to the nearest cent.)
Beginning inventory
and purchases
January 1
April 10
May 15
July 22
August 19
September 30
November 10
Units
Unit cost
6
$1.60
2.10
2.60
13
2.85
3.60
14
19
3.80
4.00
4.40
19
33
Decenber 15
15
Answer is complete but not entirely correct.
Cost of ending inventory
Cont of goods sold
199 52
240 80
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