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    Pratice Inventory

    Uploaded by

    Bbjhe Silfavan
    The document shows inventory balances for various dates from August 1 to March 15. It records beginning inventory, purchases, sales, and ending inventory quantities and costs. On August 1 there was a beginning inventory of 20 units costing $200 total. Throughout the periods purchases and sales were recorded, with the final balances on March 15 being 320 units costing $5,150 total.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Pratice Inventory

    Uploaded by

    Bbjhe Silfavan
    11 views4 pages
    The document shows inventory balances for various dates from August 1 to March 15. It records beginning inventory, purchases, sales, and ending inventory quantities and costs. On August 1 there was a beginning inventory of 20 units costing $200 total. Throughout the periods purchases and sales were recorded, with the final balances on March 15 being 320 units costing $5,150 total.

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    pratice inventory

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    The document shows inventory balances for various dates from August 1 to March 15. It records beginning inventory, purchases, sales, and ending inventory quantities and costs. On August 1 there was a beginning inventory of 20 units costing $200 total. Throughout the periods purchases and sales were recorded, with the final balances on March 15 being 320 units costing $5,150 total.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    11 views4 pages

    Pratice Inventory

    Uploaded by

    Bbjhe Silfavan
    The document shows inventory balances for various dates from August 1 to March 15. It records beginning inventory, purchases, sales, and ending inventory quantities and costs. On August 1 there was a beginning inventory of 20 units costing $200 total. Throughout the periods purchases and sales were recorded, with the final balances on March 15 being 320 units costing $5,150 total.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 4

    Inventory Balance

    Date
    Units Unit Cost Total Cost
    Aug. 1 Beg. Inv 20 ₱ 10.00 ₱ 200
    ₱ 2,150 ₱ 14.33
    Jan 5, 2020 Purchases 130 ₱ 15.00 ₱ 1,950

    Jan 25, 2020 Sale 80 ₱ 15.00 ₱ 1,200


    Feb 16, 2020 Purchases 30 ₱ 20.00 ₱ 600
    Mar 15, 2020 Sale 60 ₱ 20.00 ₱ 1,200

    320 ₱ 16.09 ₱ 5,150


    per unit
    Purchases COGS Inventory Balance
    Date
    Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost
    Aug. 1 20 ₱ 10.00
    Aug.8 130 ₱ 15.00 ₱ 1,950 130 ₱ 15.00
    Aug. 17 80 14.33 ₱ 1,146 70 14.33

    Aug. 25 30 20 ₱ 600 70 14.33


    30 20
    Aug. 30 60 16.03 ₱ 962 40 16.03

    Balances ₱ 2,108

    Purchases COGS Inventory Balance


    Date
    Units Unit Cost Total Cost Units Unit Cost Total Cost Units Unit Cost
    Jan-05 100 ₱ 4.20
    Jan-15 1,000 ₱ 15.00 ₱ 15,000 350 ₱ 4.40
    Jan-25 200 ₱ 20.00 ₱ 220.00 70 ₱ 4.50
    nventory Balance
    Total Cost
    ₱ 200
    ₱ 2,150 ₱ 14.33
    ₱ 1,950 per unit
    ₱ 1,003

    ₱ 1,003
    ₱ 1,603 ₱ 16.03
    ₱ 600
    ₱ 641

    ₱ 641

    nventory Balance
    Total Cost
    ₱ 420
    ₱ 1,540 ₱ 2,275 ₱ 4.375 per unit
    ₱ 315

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