The following data are available for one of the products sold by Paschal Exports, which uses a perpetual inventory system. 
-Refer to the information provided for Paschal Exports. If the moving average cost method of inventory costing is used, determine the following amounts:
A) Cost of goods sold for the units sold on July 10th
B) Ending inventory on July 31st
Definitions:
Product
A good or service that is created, offered, and sold to customers.
Activity-Based Costing
A pricing strategy where the organization's activities are pinpointed, and the costs for these activities are distributed across all products and services based on their respective consumption levels.
Unit Product Cost
The sum of all expenses, such as materials, labor, and overhead, divided by the total units manufactured.
Product N0
The identification or reference number assigned to a specific product or item.
Q13: The accounts receivable turnover ratio is used
Q17: A Purchases account is not needed under
Q37: Refer to Fabulous Creations. Which items on
Q69: During the closing process, revenues, expenses, and
Q75: Refer to A-One Construction. What is the
Q149: An internal control activity that separates responsibilities
Q170: Prices are rising; ending inventory best approximates
Q175: If the balance on the bank statement
Q184: When plant assets are reported, the current
Q224: Refer to the information provided for Jocque