Business
Business, 08.04.2021 22:40, arpita111

Stores reports the following transactions related to inventory. LOADING...​(Click the icon to view the inventory​ transactions.) sells all products at each. What is cost of goods available for​ sale, cost of goods​ sold, and ending inventory for the current year using the​ moving-average method under a perpetual​ system? Begin by entering ​'s purchase and sale transactions in chronological order one line at a​ time, calculating a new​ moving-average cost per unit after every transaction. ​(Use a minus sign or parentheses for units sold or for a reduction in cost. Round your answer for cost per unit to two decimal​ places.) Moving-average: Units Average Purchased Cumulative Cumulative Cost Transaction (Sold) Unit Cost Units Cost Cost Per Unit Beginning Inventory 1800 4 1800 7200 7200 4 Purchase - 3/30 6300 9 8100 56700 63900 7.89 Purchase - 4/16 4100 5 12200 20500 84400 6.92 Sale - 5/11 –2400 9800 Purchase - 6/13 2200 3.5 12000 7700 Sale - 7/1 –4100 7900 Purchase - 10/5 3900 10 11800 39000

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Stores reports the following transactions related to inventory. LOADING...​(Click the icon to view t...

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