Business, 31.03.2022 16:40 kristieroth1

Calculate ending inventory, cost of goods sold, gross profit under the method of Average-cost. Average- cost per unit: 25.02

June 1 Beginning inventory (Q:40)(UC:$21)
June 4 Purchase (Q:135) (UC:24)
June 10 Sale (Q:110) (UC:51)
June 11 Sale return (Q:15) (UC:51)
June 18 Purchase (Q:55) (UC:27)
June 18 Pur. Return (Q: 10) (UC:27)
June 25 Sale (Q: 65 (UC: 57)
June 28 Purchase (Q: 35) (UC:31)

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Calculate ending inventory, cost of goods sold, gross profit under the method of Average-cost. Ave...

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