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Sagot :
Answer:
Cost per Unit:
Ruler $6
Pencil $8
Notebook $7
Cost of goods sold during April:
Ruler $147.60
Pencils $127.50
Notebooks $252
Carrying value of ending inventory:
Ruler $467.40
Pencils $467.50
Notebook $612
Explanation:
Total Value of the goods manufactured is;
Ruler [$6 * 100 units] + $15 shipment fee = $615
Pencils [ $8 * 70 units] + [70 units * $0.50 import duty] = $595
Notebooks [ $7 * 120 units ] + $12 shipment fee + [ 120 units * $0.10 fee] = $864
Per units price for the inventory is :
Ruler [$615 / 100] = $6.15 per unit
Pencils [ $595 / 70 units] = $8.50 per unit
Notebooks [$864 / 120 units] = $7.20 per unit
The company sells :
24 rules , 15 mechanical pencils and 35 notebooks
Cost of Sales :
Ruler [24 units * $6.15 / unit] = $147.60
Pencil [15 units * $8.50 / unit] = $127.50
Notebooks [ 35 units * $7.20 / unit] = $252
Ending Inventory :
Ruler [$615 - $147.60] = $467.40
Pencil [$595 - $127.50] = $467.50
Notebooks [ $864 - $252] = $612
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