Market per Product Units Cost per Unit Unit Helmets 24 $ 50 $ 54 Bats 17 78 Shoes 38 42 763 72 91 Uniforms 95 36 36 Compute the lower of cost or market for ending Inventory applied separately to each product. Per Unit Total Inventory Items Units LCM Applied Cost Market Cost Market to Items Helmets 24 $ 50 $ 54 Bats Shoes Uniforms 42 784 17 78 723 38 95 91 36 36 $ 0 $ 0
Market per Product Units Cost per Unit Unit Helmets 24 $ 50 $ 54 Bats 17 78 Shoes 38 42 763 72 91 Uniforms 95 36 36 Compute the lower of cost or market for ending Inventory applied separately to each product. Per Unit Total Inventory Items Units LCM Applied Cost Market Cost Market to Items Helmets 24 $ 50 $ 54 Bats Shoes Uniforms 42 784 17 78 723 38 95 91 36 36 $ 0 $ 0
Chapter10: Inventory
Section: Chapter Questions
Problem 10PA: Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company,...
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