Solved: Compute bowwows 2010 ending inventory balance and bowwow, Cost Accounting

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Compute bowwows 2010 ending inventory balance and bowwow

In 2010, the BowWow Company purchased 11,022 units from its supplier at a cost of $11.77 per unit. BowWow sold 18,309 units of its product in 2010 at a price of $22.73 per unit.

BowWow began 2010 with $873,921 in inventory (inventory is carried at a cost of $11.77 per unit). Using this information, compute BowWow's 2010 ending inventory balance (in dollars).

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Cost Accounting: Compute bowwows 2010 ending inventory balance and bowwow

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