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Inventory Costing: Average Cost Filimonov Inc. has the following information related to purchases and sales...

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Accounting

Inventory Costing: Average Cost
Filimonov Inc. has the following information related to purchases and sales of one of its inventory items:
\table[[Date , Description,Units Purchased at Cost,Units Sold at Retail],[June 1 Beginning Inventory,200 units @ $10=$2,000,],[9 Purchase 1,300 units @ $12=$3,600,],[14 Sale 1,250 units @ $14=$3,500,400 units @ $25
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