ossom Company uses a perpetual inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Units Unit Cost Inventory $5 Purchase Purchase Inventory June 1 June 12. June 15 June 23 June 27 $ Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 388 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. (Round intermediate calculations to 0 decimal places, e.g. 152 and final answers to 3 decimal places, e.g. 5.125.) $ $ 112 $ 336 190 200 6 Total Cost $560 2,016 1,330

ossom Company uses a perpetual inventory system and reports the following for the month of June. Date June 1 12 23 30 Explanation Units Unit Cost Inventory $5 Purchase Purchase Inventory June 1 June 12. June 15 June 23 June 27 $ Calculate the weighted-average cost per unit, using a perpetual inventory system. Assume a sale of 388 units occurred on June 15 for a selling price of $8 and a sale of 50 units on June 27 for $9. (Round intermediate calculations to 0 decimal places, e.g. 152 and final answers to 3 decimal places, e.g. 5.125.) $ $ 112 $ 336 190 200 6 Total Cost $560 2,016 1,330

Name: ossom Company uses a perpetual inventory system and reports the follo
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Description: ossom Company uses a perpetual inventory system and reports the following for the month of June.Dateune 1122330Explanation Units Unit CostInventory$5PurchasePurchaseInventoryJune 1June 12June 15June 23June 27$$112Calculate the weighted-average cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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