Prescott Plates uses a periodic inventory system. Prescott sold 35 dining sets during September. Other data for September include: Prescott sold 10 units from the Sept 1 balance, 15 from the Sept 6 purchase, and 10 from the Sept 12 purchase. Cost of Goods Sold under the Specific Invoice method is:

Question

Prescott Plates uses a periodic inventory system. Prescott sold 35 dining sets during September. Other data for September include:  Prescott sold 10 units from the Sept 1 balance, 15 from the Sept 6 purchase, and 10 from the Sept 12 purchase. Cost of Goods Sold under the Specific Invoice method is:

Quizplus · Accepted Answer

The Answer of Prescott Plates uses a periodic inventory system. Prescott sold 35 dining sets during September. Other data for September include:  Prescott sold 10 units from the Sept 1 balance, 15 from the Sept 6 purchase, and 10 from the Sept 12 purchase. Cost of Goods Sold under the Specific Invoice method is:

Prescott Plates Uses a Periodic Inventory System