Moath Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 200 $5 $ 1,000 12 Purchase 400 6 2,400 23 Purchase 300 7 2,100 30 Inventory 100 (a1) MYour answer is correct. Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost 6.11
Moath Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 200 $5 $ 1,000 12 Purchase 400 6 2,400 23 Purchase 300 7 2,100 30 Inventory 100 (a1) MYour answer is correct. Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost 6.11
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:CALCULATOR
FULL SCREEN
PRINTER VERSION
( BACK
NEXT
URCES
Exercise 6-09 a1,a2, b (Part Level Submission)
prk
Moath Company reports the following for the month of June.
-02 a-c
-04 a-
Units
Unit Cost
Total Cost
June 1
Inventory
$5
$ 1,000
200
E (Part
12
Purchase
400
6
2,400
23
Purchase
300
7
2,100
a2, b
ission)
30
Inventory
100
Study
(a1)
M Your answer is correct.
Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.)
Weighted Average Unit Cost
6.11
SHOW SOLUTION
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Transcribed Image Text:Open Assignment
CALCULATOR
FULL SCREEN
PRINTER VERSION
4 BACK
NEXT
URCES
LINK TO TEXT
prk
-02 a-c
04 a-
Attempts: 2 of 15 used
E (Part
(a2)
а2, ы
ission)
Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round
answers to 0 decimal places, e.g. 1,250.)
Study
The ending inventory
The cost of goods sold
LINK TO TEXT
Attempts: 0 of 15 used
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» (b)
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