victoriamjy
Oct 19, 2013, 07:38 AM
Expected sales are:
Units
July 14700
August 15120
September 15680
October 16240
Each month's closing inventory is to be 150% of the following month's cost of sales. Average selling price is $30 per unit. Average cost of purchases as $20 per unit.
How to calculate cost of sales of each month?
Units
July 14700
August 15120
September 15680
October 16240
Each month's closing inventory is to be 150% of the following month's cost of sales. Average selling price is $30 per unit. Average cost of purchases as $20 per unit.
How to calculate cost of sales of each month?