Solution-Determine the amount charged to cost of goods on

Determine the amount charged to cost of goods on August

Reference no: EM133166464

Question - Concord Inc. uses the perpetual inventory system and the weighted average cost formula to value inventories. On August 1, there were 6000 units valued at $15000 in the beginning inventory! On August 10, 9000 units were purchased for $8 per unit. On August 15, 8000 units were sold for $10 per unit. Determine the amount charged to cost of goods on August 15?

Reference no: EM133166464

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Determine the amount charged to cost of goods on August

Reference no: EM133166464

Reference no: EM133166464

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