Total cost of the units sold

Reference no: EM13132354

Stephanie Stores uses the moving average flow assumption. On July 1, there were 180 units on hand and the total inventory cost was $900. On July 10, 40 more units were purchased at a cost of $6 apiece. Twenty units were sold on July 3 and 60 units were sold on July 17. What was the total cost of the units sold on July 17?

a) $728

b) $330

c) $100

d) $312

Reference no: EM13132354

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Total cost of the units sold : Stephanie Stores uses the moving average flow assumption. On July 1, there were 180 units on hand and the total inventory cost was $900. On July 10, 40 more units were purchased at a cost of $6 apiece. Twenty units were sold on July 3 and 60 units..

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