Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 Is avallable for the month of March 2020. Complete the Inventory sheet. (Use the value of the ending Inventory as your bese number and adjust the COGS S amount to the required amount to make the Total Goods Avallable for Sale to the total of the Value of the ending Inventory and the COGS total. Negative value should be Indicated with minus sign. Round your Intermedlate and final answers to 2 decimal places.) Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost of Goods Sold/(Returns to Inventory) Balance in Inventory Cost'Unit Total $ Units Cost/Unit Avg CostUnit Date Units Total $ Units Total S Mar. 1 Brought Forward 60 94.00 5.640.00 35 00.00 3 22 4 (2) 7 65 17 40 97.00 28 43 Totals Goods Available for Sale Goods Sold Ending Inventory
Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 Is avallable for the month of March 2020. Complete the Inventory sheet. (Use the value of the ending Inventory as your bese number and adjust the COGS S amount to the required amount to make the Total Goods Avallable for Sale to the total of the Value of the ending Inventory and the COGS total. Negative value should be Indicated with minus sign. Round your Intermedlate and final answers to 2 decimal places.) Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost of Goods Sold/(Returns to Inventory) Balance in Inventory Cost'Unit Total $ Units Cost/Unit Avg CostUnit Date Units Total $ Units Total S Mar. 1 Brought Forward 60 94.00 5.640.00 35 00.00 3 22 4 (2) 7 65 17 40 97.00 28 43 Totals Goods Available for Sale Goods Sold Ending Inventory
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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