Question

In: Accounting

Westside Greenhouse sells different greenhouses for purchase. Inventory is as below. Units Cost Total Beginning Inventory...

Westside Greenhouse sells different greenhouses for purchase. Inventory is as below.

Units

Cost

Total

Beginning Inventory

8

$433

March 6

14

$449

June 28

19

$451

August 31

13

$452

November 20

9

$456

Total Number of units:

Of the 11 houses still on hand, 9 were purchased in November, 1 was purchased in August and 1 was purchased in June. We sold the greenhouses for $799.

Specific Identification

First- In, First-Out

Last-In, First-Out

Weighted Average

Cost of Ending Inventory

Sales

Less: Cost of Merchandise Sold

Gross profit on sales

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