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Pineda ProjMgtExer3

Blue Walls Corporation tracked inventory transactions throughout January, including purchases of raw materials at various unit prices on different dates totaling 3,500 units, issuances of 1,700 units to departments, and an ending inventory of 1,800 units.

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Angellie Pineda
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0% found this document useful (0 votes)
71 views2 pages

Pineda ProjMgtExer3

Blue Walls Corporation tracked inventory transactions throughout January, including purchases of raw materials at various unit prices on different dates totaling 3,500 units, issuances of 1,700 units to departments, and an ending inventory of 1,800 units.

Uploaded by

Angellie Pineda
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Blue Walls Corporation

Date Transaction
1-Jan Balance, 500 units at P65
5 Purchased 600 units at P75
6 Issued 600 units to Dept. 1
8 Purchased 1,100 units at P95
15 Purchased 400 units at P98
18 Issued 1,100 units to Dept. 2
22 Purchased 500 units at P99
25 Purchased 400 units at 100

Units Unit Cost


Inventory, January 500 65
Purchases:
5 600 75
8 1,100 95
15 400 400
22 500 500
25 400 400
Raw Materials Available 3,500
Less:Issuance
6-Jan 600
18 1,100
Raw Materuals Issued 1,700
Raw Materials Inventory 1,800

Units Units Cost


Inventory,January 500 65
Purchases:
5 100 75
Issuance, January 6 600

Units Units Cost


Inventory, January 0 0
Purchases
5 500 75
8 600 95
Issuance, January 18 1,100
Amount
32,500

45,000
104,500
160,000
250,000
160,000
752,000

40,000
94,500
134,500
617,500

Amount
32,500

7,500
40,000

Amount
-

37,500
57,000
94,500

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