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Blizzard [7]
2 years ago
12

Ziad Company had a beginning inventory on January 1 of 270 units of Product 4-18-15 at a cost of $19 per unit. During the year,

the following purchases were made.
Mar. 15 720 units at $22
Sept. 4 630 units at $25
July 20 450 units at $23
Dec. 2 180 units at $28
1,800 units were sold.

Ziad Company uses a periodic inventory system.

Determine the cost of goods available for sale.
Business
1 answer:
Lemur [1.5K]2 years ago
6 0

Answer:

Cost of goods available for sale= $52,110

Explanation:

Giving the following information:

January 1: 270 units at $19 per unit

Mar. 15: 720 units at $22

Sept. 4: 630 units at $25

July 20: 450 units at $23

Dec. 2: 180 units at $28

The cost of goods available for sales is a previous step to calculating the cost of goods sold. It is the total cost of the units prepared to be sold.

Cost of goods available for sale= 270*19 + 720*22 + 630*25 + 450*23 + 180*28= $52,110

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Answer:

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3.Capital and investment movement

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Explanation:

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6 0
2 years ago
Padraig receives total employment compensation of $70,000 and had $2,000 in job expenses. Which of the following could be true a
dimulka [17.4K]

<u>Answer:</u> Option C

<u>Explanation:</u>

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Calculation of total compensation

Employee benefits = $64000 x 12.5/100

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Annual compensation= $64000 +$8000

                                    =$72000

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