# BSEM 101-During 2018, a company sells 20 units of inventory

During 2018, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2018:DateTransactionNumber of UnitsUnitCostTotal Cost Jan. 1 Beginning inventory15 \$55 \$825 Sep. 8 Purchase10 105 1,05025 \$1,875Calculate ending inventory and cost of goods sold for 2018 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.)

During 2018, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2018:DateTransactionNumber of UnitsUnitCostTotal Cost Jan. 1 Beginning inventory15 \$55 \$825 Sep. 8 Purchase10 105 1,05025 \$1,875Calculate ending inventory and cost of goods sold for 2018 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.)

During 2018, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2018:DateTransactionNumber of UnitsUnitCostTotal Cost Jan. 1 Beginning inventory15 \$55 \$825 Sep. 8 Purchase10 105 1,05025 \$1,875Calculate ending inventory and cost of goods sold for 2018 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.)

During 2018, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2018:DateTransactionNumber of UnitsUnitCostTotal Cost Jan. 1 Beginning inventory15 \$55 \$825 Sep. 8 Purchase10 105 1,05025 \$1,875Calculate ending inventory and cost of goods sold for 2018 assuming the company uses weighted-average cost with a periodic inventory system. (Round weighted-average unit cost to 4 decimal places. Round your final answers to the nearest dollar amount.)

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