存货和销货成本培训.pptVIP

To calculate Cost of Goods Sold for the period, start with Goods Available for Sale of $9,725 dollars and subtract Ending Inventory, based on the physical count, of $6,400. When using average cost, assign the average cost of the goods available for sale to cost of goods sold. The average cost is determined by dividing the cost of goods available for sale for the period by the units available for sale for the period. Let’s see how this works. Part I First, determine the average cost by taking Goods Available for Sale for the period and divide it by the number of units available for sale d