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Synthes Va Distal Radius Inventory Form

Synthes Va Distal Radius Inventory Form

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Instructions and help about synthes lcp distal radius inventory

I'm Larry Walter this is principles of accounting comm chapter eight and we're going to continue in this module looking at inventory costing methods we'll look at an actual example now calculations related to FIFO LIFO and weighted average in this example Gonzalez chemical company had a beginning inventory balance that consisted of 4,000 units with a unit cost of $12 each during the period we had a number of purchases and sales a physical count of inventory confirmed that 5,000 units were actually on hand at the end of the period and let's look at our schedule of purchases here so on January 1 we started with the 4,000 units we bought 6,000 units at 16 dollars each on March 5th we sold 7,000 units for the selling price not the cost with the selling price of $22 per unit September 7th would bought 8,000 units at 17 dollars in November 11th we sold 6,000 units at a selling price of $25 each so we started with 4,000 units then we increased to 10,000 then we

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