Shellhammer Company's inventory records show the following data for the month of September: A physical inventory on September 30 shows 200 units on hand.Calculate the value of the ending inventory and cost of goods sold if the company uses weighted-average inventory costing and a periodic inventory system.Round cost per unit to 2 decimal places and ending inventory and cost of goods sold to the nearest dollar.

Question

Shellhammer Company's inventory records show the following data for the month of September:  A physical inventory on September 30 shows 200 units on hand.Calculate the value of the ending inventory and cost of goods sold if the company uses weighted-average inventory costing and a periodic inventory system.Round cost per unit to 2 decimal places and ending inventory and cost of goods sold to the nearest dollar.

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The Answer of Shellhammer Company's inventory records show the following data for the month of September:  A physical inventory on September 30 shows 200 units on hand.Calculate the value of the ending inventory and cost of goods sold if the company uses weighted-average inventory costing and a periodic inventory system.Round cost per unit to 2 decimal places and ending inventory and cost of goods sold to the nearest dollar.

Shellhammer Company's Inventory Records Show the Following Data for the Month