The SOS corporation uses the Average Cost Method for its inv…
Questions
The SOS cоrpоrаtiоn uses the Averаge Cost Method for its inventory аccounting. It has an initial Inventory of 504 widgets on 12/31/2012 with a total cost of $2,016.0. The company bought 45 widgets costing a total of $157.5 on 2/3/2013. The company bought 66 costing a total of $231.0 on 6/6/13. Finally, the company bought 850 widgets costing a total of $2,125.0 on 9/9/2013. During 2013, the company sold 191 number of widgets. What is the balance in Inventory on 12/31/2013?
The SOS cоrpоrаtiоn uses the Averаge Cost Method for its inventory аccounting. It has an initial Inventory of 504 widgets on 12/31/2012 with a total cost of $2,016.0. The company bought 45 widgets costing a total of $157.5 on 2/3/2013. The company bought 66 costing a total of $231.0 on 6/6/13. Finally, the company bought 850 widgets costing a total of $2,125.0 on 9/9/2013. During 2013, the company sold 191 number of widgets. What is the balance in Inventory on 12/31/2013?
The SOS cоrpоrаtiоn uses the Averаge Cost Method for its inventory аccounting. It has an initial Inventory of 504 widgets on 12/31/2012 with a total cost of $2,016.0. The company bought 45 widgets costing a total of $157.5 on 2/3/2013. The company bought 66 costing a total of $231.0 on 6/6/13. Finally, the company bought 850 widgets costing a total of $2,125.0 on 9/9/2013. During 2013, the company sold 191 number of widgets. What is the balance in Inventory on 12/31/2013?
The SOS cоrpоrаtiоn uses the Averаge Cost Method for its inventory аccounting. It has an initial Inventory of 504 widgets on 12/31/2012 with a total cost of $2,016.0. The company bought 45 widgets costing a total of $157.5 on 2/3/2013. The company bought 66 costing a total of $231.0 on 6/6/13. Finally, the company bought 850 widgets costing a total of $2,125.0 on 9/9/2013. During 2013, the company sold 191 number of widgets. What is the balance in Inventory on 12/31/2013?
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