申論題

四、Howsham Ltd. reports the following for the month of June.

Instructions: (於計算單位成本時如遇無法整除之情況，請四捨五入至小數點後第二位)

a. Calculate the cost of the ending inventory and the cost of goods sold for (1) FIFO and (2) moving-average cost, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of £8 and a sale of 440 units on June 27 for £9. (12%)