Scribd
Upload
19 views2 pages

Lewis

The document provides cost of goods sold (COGS) and year-end inventory information for 2009-2011 using the average cost method. It includes tables of unit purchases and sales with totals for each year. The ending inventory amounts and unit costs are also shown for each year.

Uploaded by

Sutapa Dey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
19 views2 pages

Lewis

The document provides cost of goods sold (COGS) and year-end inventory information for 2009-2011 using the average cost method. It includes tables of unit purchases and sales with totals for each year. The ending inventory amounts and unit costs are also shown for each year.

Uploaded by

Sutapa Dey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 2

2009

Purchase Sold
Units Total Units Price Average Price Total Units Price Total
1840 1840 20 20 36800 2820 20.46 57685.16
600 2440 20.25 20.06 48950
800 3240 21 20.29 65750
400 3640 21.25 20.40 74250
200 3840 21.5 20.46 78550

2010
Purchase Sold
Units Total Units Price Average Price Total Units Price Total
1020 1020 20.46 20.46 20864.84 3080 21.51 66246.05
700 1720 21.5 20.88 35914.84
700 2420 21.5 21.06 50964.84
700 3120 22 21.27 66364.84
1000 4120 22.25 21.51 88614.84

2011
Purchase Sold
Units Total Units Price Average Price Total Units Price Total
1040 21.51
2400 22.94
3440 22.51 77420.4 2950 22.51 66392.49
COGS and year end inventory for 2009,2010 and 2011 using average cost method

Inventory
Units Price Total
1020 20.46 20864.84

Inventory
Units Price Total
1040 21.51 22368.8

1000 22.5 22500


700 23 16100
700 23.5 16450
Inventory 2400 55050
Units Price Total

490 22.51 11027.91

You might also like