Acc 310 CH 8 HW - Brittney Ehrler ACC 310 Homework Brief...

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Brittney Ehrler ACC 310 Homework Brief Exercises 8-5,8-6,8-7 Amsterdam Company For April, when the company sold 600 units, the following info is available Units Unit Cost Total Cost April 1 Inventory 250 $10 $2,500 April 15 Purchase 400 12 4800 April 23 Purchase 350 13 4550 1000 $11,850 BE8-5 Compute Apr 30 Inventory and Cost of Goods Sold using the avgcost method Weighted Avg Cost per Unit $11850 / 1000= $11.85 Inventory in Units 600 units Ending Inventory 600 X $11.85= $7,100 Cost of Goods Available for Sale 11850 Less: Ending Inventory 7100 Cost of Goods Sold $4,740.00

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