Hello, I need help with this problem. Those are the
correct answer, but I do not know where those numbers came from...
According to the correct answer for jun 5, it is 4503÷28. but where
does the 4503 comes from and the 28.
Thank you
Homework Answers
| Qty. | Rate | Cost | ||
| Beginning inventory | 95 | $18 | $1,710 | |
| Purchase 5 jan | 133 | $21 | $2,793 | |
| Total | 228 | $4,503 | (1710+2793) | |
| Average cost | $19.75 | (4503/228) | ||
| Average cost for Jan 15= | ||||
| Total Cost till Jan 15 | (95*18)+(133*21)-(105*19.75)+(10*19.75)+(52*23) | |||
| Total Cost till Jan 15 = | 3823 | |||
| Total units till jan 15 | (95+133-105+10+52) | |||
| Total units till jan 15 | 185 | |||
| Average cost | 20.665 | (3825/185) | ||
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Hello, I need help with this problem. Those are the
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