Calculate average cost per unit
Average cost per unit | |
June 1 | 5 |
June 12 | (2280+600)/500 = 5.76 |
June 15 | 5.76 |
June 23 | (5.76*100+1470)/310 = 6.60 |
June 27 | 6.60 |
L Exercise 6-14 a-b1 (Part Level Submission) Monty Corp. uses a periodic inventory system reports the...
headlands industries uses a periodic inventory system reports the following for the month of June. calculate the average cost per unit, using a perpetual inventory system. Units Unit Cost Date June 1 12 23 Explanation Inventory Purchases Purchases Inventory 370 200 Total Cost $650 2,220 1,400 30 300 A sale of 350 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. (a) your answer is partially correct....
Exercise 6-14 a-b1 Teal Mountain Inc. uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $4 $520 12 Purchases 390 5 1,950 23 Purchases 230 6 1,380 30 Inventory 250 Partially correct answer. Your answer is partially correct. Try again. Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 450 units occurred on June 15 for a selling price...
Show your calculations. Riverbed Corp uses a perpetual inventory system reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 150 $750 12 Purchases 2,100 350 240 Purchases 1,680 Inventory 260 - Your answer is partially correct. Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 420 units occurred on June 15 for a selling price of $8 and a sale of 60 units on June...
Riverbed Corp reports the following for the month of June. Date Explanation Units Unit Cost Total Cost $5 $550 June 1 Inventory 110 Purchases 334 12 6 2,004 23 Purchases 203 7 1,421 30 Inventory 212 A sale of 382 units occurred on June 15 for a selling price of $8 and a sale of 53 units on June 27 for $9 Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, eg....
CALCULATOR FULL SCREEN PRINTER MIRROR OURCES Exercise 6-14 01 (Part Level Submission) Ivanhoe Company uses a periodic Inventory system reports the following for the month of June. Date Explanation Unit Cost Total Cost Dune 1 Inventory 130 35 3650 12 Purchase 370 6 23 Purchases 215 7 1.505 30 Inventory 270 A sale of 400 units occurred on Sune 15 for a selling price of $8 and a sale of 45 units on June 27 for $9. (a) Your answer...
Exercise 6-17 (Part Level Submission) Kaleta Company uses the perpetual inventory system and reports the following for the month of June. Date Unit Cost June 1 12 Explanation Inventory Purchase Purchase Inventory Units 200 400 Total Cost $1,000 2,400 2,100 6 7 23 300 30 100 OLCA! O LOULOU O olluin - 0 C El O CLIC Assume a sale of 440 units occurred on June 15 for a selling price of $8 and a sale of 360 units on...
Question 2 View Policies Current Attempt in Progress Marin Inc. uses a perpetual inventory system reports the following for the month of June. PLUS Date Explanation Units Unit Cost Total Cost June 1 Inventory $520 brary 130 390 12 Purchases 5 1,950 lum Purchases 1,320 30 Inventory Calculate the average cost per unit, using a perpetual inventory system. Assume a sale of 450 units occurred on June 15 for a selling price of $7 and a sale of 55 units...
Sandhill Co. uses a perpetual inventory system reports the following for the month of June. Unit Cost Date Explanation Units Total Cost $5 $575 June 1 Inventory 115 12 Purchases 345 2,070 6 Purchases 23 190 1,330 7 30 200 Inventory LLIE! Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) $ June 1 $ June 12 $ June 15 $ June 23 $ June 27 eTextbook and Media Calculate...
Question 13 Carla Vista Co. uses a periodic inventory system reports the following for the month of June. Explanation Date Units Unit Cost Total Cost June 1 Inventory 117 $5 $585 12 Purchases 333 6 1,998 Purchases 200 7 1,400 250 Inventory A sale of 350 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. Calculate cost of the ending inventory and the cost of goods sold...
Riverbed Corp uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 105 $5 $ 525 Purchases 2,250 1,435 23 Purchases Inventory * Your answer is incorrect. Calculate weighted average unit cost. (Round answer to 3 decimal places, s. 5.125.) Weighted average unit cost $ 2565 e Textbook and Media x Your answer is incorrect. Compute the cost of the ending inventory and the cost of...