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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