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(Solved): Dwayne the Rock Johnson has created his own Tequila brand , Teremana , In a Los Angeles outlet store ...




Dwayne the Rock Johnson has created his own Tequila brand , Teremana , In a Los Angeles outlet store , the is sold , along with other novelty Teremana store for cash customers . On October 1 the store had 120 of the tumblers that had a cost of $ 23 / each . During the month of October the following transactions occurred Teremana uses the method , all purchases are made on account , and charges the customers $ cash per Tumbler October Purchased 200 Tumblers at $ 23.05 each October Sold 65 Tumblers October 10th Purchased 80 Tumblers at $ 23.20 each October 20th Sold 142 Tumblers REQUIRED : Cost of Goods Sold for October b Ending Inventory ( in total dollars ) at 10/31 Gross Profit for October

Oelober si his sold os nimbieve
Octaber \( 20^{\text {th }} \) salf 142 Tumbiers.
REOUIREO
a. Cost of Coods Sold fur October

Oelober si his sold os nimbieve Octaber \( 20^{\text {th }} \) salf 142 Tumbiers. REOUIREO a. Cost of Coods Sold fur October b. Ensing inventory oin fotat dothers) at 1031 e Gross Proft for October


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Cost of Ending Inventory and Cost of Goods Sold Using FIFO : Purchased Sale (cost of goods sold) Balance(Ending inventory) Date Units Unit cost in $ T
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