The cost of goods sold by the use of the cost table, Cost per unit Number of units on hand Total cost $12 43 $9 11 $11 7 $15 21 Ending inventory And the inventory table, Date of purchase Units purchased Cost per unit Total cost Retail price per unit Beginning inventory 96 $12 $1152 $16 April 12 23 $9 $207 $13 May 8 15 $11 $165 $17 June 2 37 $15 $555 $21 Goods available for sale 171 Units sold 89 Ending inventory 82

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Answer 1

Question

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Expert Solution & Answer

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Answer 2

Question

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Answer 6

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Answer 7

Chapter 18.1, Problem 6SE

To determine

To calculate: The cost of goods sold by the use of the cost table,

Cost per unit

Number of units on hand

Total cost

$12

43

$9

11

$11

7

$15

21

Ending inventory

And the inventory table,

Date of purchase

Units purchased

Cost per unit

Total cost

Retail price per unit

Beginning inventory

96

$12

$1152

$16

April 12

23

$9

$207

$13

May 8

15

$11

$165

$17

June 2

37

$15

$555

$21

Goods available for sale

171

Units sold

89

Ending inventory

82

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

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Check out a sample textbook solution

See solution

Answer 11

Ch. 18.1 - Prob. 1-1SC Ch. 18.1 - Prob. 1-2SC Ch. 18.1 - Prob. 1-3SC Ch. 18.1 - Prob. 1-4SC Ch. 18.1 - Prob. 2-1SC Ch. 18.1 - Prob. 2-2SC Ch. 18.1 - Prob. 2-3SC Ch. 18.1 - Prob. 2-4SC Ch. 18.1 - Prob. 3-1SC Ch. 18.1 - Prob. 3-2SC

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Chapter 18 Solutions

Cost per unit	Number of units on hand	Total cost
$12	43
$9	11
$11	7
$15	21
Ending inventory

Date of purchase	Units purchased	Cost per unit	Total cost	Retail price per unit
Beginning inventory	96	$12	$1152	$16
April 12	23	$9	$207	$13
May 8	15	$11	$165	$17
June 2	37	$15	$555	$21
Goods available for sale	171
Units sold	89
Ending inventory	82