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QS 6-3 Computing goods available for sale LO P1 Wattan Company reports beginning inventory of 16...


QS 6-3 Computing goods available for sale LO P1 


Wattan Company reports beginning inventory of 16 units at $35 each. Every week for four weeks it purchases an additional 16 units at respective costs of $36, $37. $40 and $45 per unit for weeks 1 through 4 Compute the cost of goods available for sale and the units available for sale for this four-week period. 


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Activity Units Unit Cost Cost of Goods available
Beg Inv 16 $35 $560
Purchase Week #1 16 $36 $576
Purchase Week #2 16 $37 $592
Purchase Week #3 16 $40 $640
Purchase Week #4 16 $45 $720
Units available for sale 80
Cost of Goods available for sale $3,088
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Answer #2
QS 5-4 Computing goods available for sale L.O. P1Segoe Company reports beginning inventory of 10 units at $50 each. Every week for four weeks it purchases an additional 10 units at respectivecosts of $51, $52, $55 and $60 per unit for weeks 1 through 4. Calculate the cost of goods available for sale and the units available for sale forthis four week period. Assume that no sales occur during those four weeks. (Omit the "$" sign in your response.)Cost of...
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