porkchop44_85
Mar 23, 2008, 12:10 PM
I need to check to see if my answer to a problem is correct.
Determine the ending inventory cost?
jan.1 beg. Inventory... 50 units at @$20
7 purchase... 200 units @$22
feb.10 purchase... 130 units @ $23
mar.5 purchase... 180 units @ $24
23 purhcase... 100 units @ $26
My answer is $5410 ending inventory.. is this correct??
Determine the ending inventory cost?
jan.1 beg. Inventory... 50 units at @$20
7 purchase... 200 units @$22
feb.10 purchase... 130 units @ $23
mar.5 purchase... 180 units @ $24
23 purhcase... 100 units @ $26
My answer is $5410 ending inventory.. is this correct??