question archive Porte y Company Portey uses a perpetual inventory system and had the following inventory transactions for the month ofJune
Porte y Company Portey uses a perpetual inventory system and had the following inventory transactions for the month ofJune
Subject:AccountingPrice: Bought3
Porte y Company Portey uses a perpetual inventory system and had the following inventory transactions for the month ofJune. June 1 On hand, 100 units at $9.00 each $900.00 4 Purchased 120 units at $9.10 each 1,092.00 Sold 150 units 10 Purchased 100 units at $9.50 each 950.00 sold 60 units 24 Total cost of goods available for 2,942,00 30 on hand, 110 units efer to the information provided for Portey. If Portey uses the o inventory costing method, the amount ofending inventory reported on the balance sheet is: O a. $1,045.00. b, $1,901.00. S1 010.00.
