PT. Gunung Cahaya Utama, which is engaged in the trading of baby milk commodities, conducted the following inventory purchase and sales transactions during the month of February 2024: February 2, 2024, beginning inventory of 200 units at a price of Rp. 90,000 February 10, 2024, purchased 300 units at a price of Rp. 100,000 February 15, 2024, sold 200 units at a price of Rp. 150,000 February 17, 2024, sold 100 units at a price of Rp. 150,000 February 21, 2024, purchased 400 units at a price of Rp. 110,000 February 23, 2024, purchased 100 units at a price of Rp. 120,000 February 28, 2024, sold 200 units at a price of Rp. 170,000 February 29, 2024, sold 200 units at a price of Rp. 180,000 please Calculate the ending inventory value using the Average method.!
PT. Gunung Cahaya Utama, which is engaged in the trading of baby milk commodities, conducted the following inventory purchase and sales transactions during the month of February 2024: February 2, 2024, beginning inventory of 200 units at a price of Rp. 90,000 February 10, 2024, purchased 300 units at a price of Rp. 100,000 February 15, 2024, sold 200 units at a price of Rp. 150,000 February 17, 2024, sold 100 units at a price of Rp. 150,000 February 21, 2024, purchased 400 units at a price of Rp. 110,000 February 23, 2024, purchased 100 units at a price of Rp. 120,000 February 28, 2024, sold 200 units at a price of Rp. 170,000 February 29, 2024, sold 200 units at a price of Rp. 180,000 please Calculate the ending inventory value using the Average method.!
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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PT. Gunung Cahaya Utama, which is engaged in the trading of baby milk commodities, conducted the following inventory purchase and sales transactions during the month of February 2024:
- February 2, 2024, beginning inventory of 200 units at a price of Rp. 90,000
- February 10, 2024, purchased 300 units at a price of Rp. 100,000
- February 15, 2024, sold 200 units at a price of Rp. 150,000
- February 17, 2024, sold 100 units at a price of Rp. 150,000
- February 21, 2024, purchased 400 units at a price of Rp. 110,000
- February 23, 2024, purchased 100 units at a price of Rp. 120,000
- February 28, 2024, sold 200 units at a price of Rp. 170,000
- February 29, 2024, sold 200 units at a price of Rp. 180,000
please Calculate the ending inventory value using the Average method.!
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