Solution-Compute the cost of the ending inventory

Compute the cost of the ending inventory

Reference no: EM132141560

Question - Pina Colada Corp. reports the following for the month of June.

Date	Explanation	Units	Unit Cost	Total Cost
June 1	Inventory	122	$5	$610
June 12	Purchases	386	6	2,316
June 23	Purchases	186	7	1,302
June 30	Purchases	211

Calculate weighted-average unit cost.

Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.

Reference no: EM132141560

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Compute the cost of the ending inventory : Pina Colada Corp. reports the following for the month of June. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO

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Compute the cost of the ending inventory

Reference no: EM132141560

Reference no: EM132141560

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