PROBLEM #5-8 points During the year, XYZ Corporation has the following inventory transactions: DATE Transaction...
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PROBLEM #5-8 points During the year, XYZ Corporation has the following inventory transactions: DATE Transaction #of units Unit cost Total Cost Jan 1 Beginning Inventory Apr 7 Purchase Jul 22 Purchase Oct 8 Purchase 50 140 210 175 3,000 8,820 13,440 63 65 11.375 Sold 500 units during the year for $75 each. 515 1.Calculate the cost of goods sold, ending inventory, sales revenue and gross profit using F method. (round final answers only to the nearest dollar) e the cost of goods sold, ending inventory, sales revenue and gross rofit using weighted average costing 11375 GGs $03.2 is b en h/ S013.20
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