Homework Answers
| July 7 Sales | July 14 Sales | ||
| Sales (Qty) | 12 | 8 | |
| Unit allocated of | |||
| Opening inventory | 5 | ||
| July 4' | 7 | 3 | |
| July 11' | 0 | 5 | |
| Units | Unit cost | Total cost | |
| July 4' | 3 | $ 56 | $ 168 |
| July 11' | 5 | $ 59 | $ 295 |
| $ 463 |
Correct answer is A) $ 463
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Explanation, please.
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