00:02
Calculate the ending balance of inventory here.
00:16
Beginning balance is equals to 340 units multiply by dollar 100 that is equals to dollar 34000.
00:33
Now, purchases equals to 1300 multiply by dollar 109 plus 1400 multiply by dollar 114 plus 1380 multiply by dollar 119 that is equals to dollar 420700.
00:59
Now, total cost of goods available for sale that is equals to dollar 454700 units.
01:14
Here, we can write dollar 454700.
01:19
Now, unit sold is equals to 4300 units.
01:27
Then, returned units equals to 120.
01:37
Then, ending inventory is equals to 1900 units.
01:45
So, cost of ending inventory is equals to 1900 multiply by dollar 119 which is equals to dollar 226100.
02:04
Now, see cost of goods sold is here dollar 228600...