Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month of March 2023. Complete t sheet. (Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required an make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negativ should be indicated with minus sign. Round your intermediate and final answers to 2 decimal places.) Date Units Mar. 1 Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost/Unit Brought Forward 2 27 $ 96.00 Cost of Goods Sold/(Returns to Inventory) Total $ Units Cost/Unit Total $ Units 52 $ Balance in Inventory Avg Cost/Unit 94.00 $ Total $ 4,888.00

Telamark Company uses the moving weighted average method for inventory costing. Required: The following incomplete inventory sheet regarding Product W506 is available for the month of March 2023. Complete t sheet. (Use the value of the ending inventory as your base number and adjust the COGS $ amount to the required an make the Total Goods Available for Sale to the total of the Value of the ending inventory and the COGS total. Negativ should be indicated with minus sign. Round your intermediate and final answers to 2 decimal places.) Date Units Mar. 1 Purchases/Transportation-In/ (PurchaseReturns/Discounts) Cost/Unit Brought Forward 2 27 $ 96.00 Cost of Goods Sold/(Returns to Inventory) Total $ Units Cost/Unit Total $ Units 52 $ Balance in Inventory Avg Cost/Unit 94.00 $ Total $ 4,888.00

Name: Exercise 6-9 Moving weighted average cost flow assumption-perpetual L
Uploaded: 2024-03-20T06:32:37.000Z
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Description: Exercise 6-9 Moving weighted average cost flow assumption-perpetual LO2, 3Telamark Company uses the moving weighted average method for inventory costing.Required:The following incomplete inventory sheet regarding Product W506 is available for the mo

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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