Homework Answers
| Available for sale | Cost of goods sold | Ending Inventory | |||||||
| Date | Units | Unit cost | Total Cost | Units | Unit cost | Total Cost | Units | Unit Cost | Total Cost |
| Jun-01 | 8,000 | 8 | 64,000 | ||||||
| Jun-07 | 6,000 | 8.35 | 14,000 | 8.15 | 114,100 | ||||
| Jun-15 | 9,000 | 8.15 | 73,350 | 5,000 | 8.15 | 40,750 | |||
| Total | 73,350 | 40,750 | |||||||
Cost of goods sold for June 15 = $73,350
Correct option is c.
Kindly comment if you need further assistance. Thanks‼!
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