Party Palace has 200 "Party in a Box" kits that cost $20 each in inventory...
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Accounting
Party Palace has 200 "Party in a Box" kits that cost $20 each in inventory at the beginning of the month. On the 14th day of the month, Party Palace buys 330 more "Party in a Box kits for $21. Party Palace sells 400 "Party in a Box" kits at a sales price of $50 on the 28th. Using the weighted average inventory method, calculate the total dollar value of cost of goods sold for the 400 "Party in a Box" kits sold. Round to 4 decimals points
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