[Company Name]

Inventory/Cost of Goods Sold Analysis

[Date]
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[Product A] [Product B] [Product C] [Product D] Total

Inventory unit analysis:
Number of units in inventory—beginning of period 1,200 1,000 1,200 1,300 4,700
Production 700 800 600 600 2,700
Units available for sale 1,900 1,800 1,800 1,900 7,400
Units sold 800 600 500 750 2,650
Number of units in inventory—end of period 1,100 1,200 1,300 1,150 4,750

Cost of goods sold analysis:

Beginning inventory $800,000 $750,000 $900,000 $1,200,000 $3,650,000
Add: purchases 400,000 400,000 450,000 600,000 1,850,000
Cost of goods available for sale 1,200,000 1,150,000 1,350,000 1,800,000 5,500,000
Less: ending inventory 770,000 900,000 925,000 1,000,000 3,595,000
Total cost of goods sold $430,000 $250,000 $425,000 $800,000 $1,905,000

Inventory costing:
Cost per unit—beginning of period $666.67 $750.00 $750.00 $923.08 $776.60
Cost per unit—end of period $700.00 $750.00 $711.54 $869.57 $756.84
Variance ($33.33) $0.00 $38.46 $53.51 $19.75

Weighted average cost (Cost of goods available

for sale/Units available for sale) $631.58 $638.89 $750.00 $947.37 $743.24

Ending inventory breakdown:

Value of ending inventory (from above) $770,000 $900,000 $925,000 $1,000,000 $3,595,000
Finished goods inventory $400,000 $375,000 $450,000 $600,000 $1,825,000
Work in progress 300,000 325,000 350,000 300,000 1,275,000
Raw materials 70,000 200,000 125,000 100,000 495,000
Total ending inventory $770,000 $900,000 $925,000 $1,000,000 $3,595,000
 Composition of Ending Inventory Balances

Raw materials
Work in progress
Finished goods
inventory

$70,000
$300,000
$400,000 $200,000
$325,000
$375,000 $125,000
$350,000
$450,000 $100,000
$300,000
$600,000

[Product A] [Product B] [Product C] [Product D]