FIFO | Cost of goods available for sale | Cost of goods sold - Periodic | Ending Inventory | ||||||
Beginning Inventory | 190 | $ 80 | $ 15,200 | 190 | $ 80 | $ 15,200 | - | $ 80 | $ - |
Purchases: | |||||||||
Mar-05 | 490 | $ 85 | $ 41,650 | 490 | $ 85 | $ 41,650 | - | $ 85 | $ - |
Mar-18 | 300 | $ 90 | $ 27,000 | 170 | $ 90 | $ 15,300 | 130 | $ 90 | $ 11,700 |
Mar-25 | 380 | $ 92 | $ 34,960 | - | $ 92 | $ - | 380 | $ 92 | $ 34,960 |
1,360 | $ 1,18,810 | 850 | $ 72,150 | 510 | $ 46,660 | ||||
LIFO | Cost of goods available for sale | Cost of goods sold - Periodic | Ending Inventory | ||||||
Beginning Inventory | 190 | $ 80 | $ 15,200 | - | $ 80 | $ - | 190 | $ 80 | $ 15,200 |
Purchases: | |||||||||
Mar-05 | 490 | $ 85 | $ 41,650 | 170 | $ 85 | $ 14,450 | 320 | $ 85 | $ 27,200 |
Mar-18 | 300 | $ 90 | $ 27,000 | 300 | $ 90 | $ 27,000 | - | $ 90 | $ - |
Mar-25 | 380 | $ 92 | $ 34,960 | 380 | $ 92 | $ 34,960 | - | $ 92 | $ - |
1,360 | $ 1,18,810 | 850 | $ 76,410 | 510 | $ 42,400 | ||||
Weighted Average | Cost of goods available for sale | Cost of goods sold - Periodic | Ending Inventory | ||||||
Beginning Inventory | 190 | $ 80 | $ 15,200 | ||||||
Purchases: | |||||||||
Mar-05 | 490 | $ 85 | $ 41,650 | ||||||
Mar-18 | 300 | $ 90 | $ 27,000 | ||||||
Mar-25 | 380 | $ 92 | $ 34,960 | ||||||
1,360 | $ 87.36 | $ 1,18,810 | 850 | $ 87.36 | $ 74,256 | 510 | $ 87.36 | $ 44,554 | |
Specific Identification | Cost of goods available for sale | Cost of goods sold - Periodic | Ending Inventory | ||||||
Beginning Inventory | 190 | $ 80 | $ 15,200 | 50 | $ 80 | $ 4,000 | 140 | $ 80 | $ 11,200 |
Purchases: | |||||||||
Mar-05 | 490 | $ 85 | $ 41,650 | 460 | $ 85 | $ 39,100 | 30 | $ 85 | $ 2,550 |
Mar-18 | 300 | $ 90 | $ 27,000 | 130 | $ 90 | $ 11,700 | 170 | $ 90 | $ 15,300 |
Mar-25 | 380 | $ 92 | $ 34,960 | 210 | $ 92 | $ 19,320 | 170 | $ 92 | $ 15,640 |
1,360 | $ 1,18,810 | 850 | $ 74,120 | 510 | $ 44,690 |
o Required information The following information applies to the questions displayed below Warnerwoods Company uses a...
5 Assignment Required Information The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March un soldat e cost 50.20 per unit 555.20 per unit s ce units 205 units Sunits 110 units Activities 1 Beginning inventory Mr. Purchase war Sales Mar. 18 Purchase Mar 25 Purchase 29 Sales Totals 220 units esos. 20 per unit 60.2 per unit 562.20 per unit se units...
Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Acquired at Cost 170 units @ $52.40 per unit 260 units @ $57.40 per unit Mar. Units Sold at Retail Date Activities Mar. 1 Beginning inventory 5 Purchase Mar 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 330 units@ $87.40 per unit 120 units@ $62.40 per...
Required information (The following information applies to the questions displayed below.) Warnerwoods Company uses a periodic inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 135 units @ $70 per unit Mar. 5 Purchase 435 units @ $75 per unit Mar. 9 Sales 455 unitse $105 per unit Mar. 18 Purchase 190 units @ $80 per unit Mar. 25 Purchase 270 units...
Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Acquired at Cost 70 units @ $50.40 per unit 210 units @ $55.40 per unit 230 units @ $85.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 70 units @...
Required information The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Units Acquired at Cost 180 units $52.60 per unit 265 units $57.60 per unit 340 units $87.60 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 125 unitse $62.60 per unit 230...
Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Units Sold at Retail Units Acquired at Cost 160 units @ $52.20 per unit 255 units @ $57.20 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales 320 units @ $87.20 per unit 115 units @ $62.20...
Required information [The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Date activities Units acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 180 units $52.60 per unit Mar. 5 Purchase 265 units $57.60 per unit 9 Sales 340 units $87.60 per unit Mar. 18 Purchase 125 units. $62.60 per unit Mar. 25 Purchase 230 units # $64.60 per unit...
Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 230 units @ $53.60 per unit Mar. 5 Purchase 290 units @ $58.60 per unit Mar. 9 Sales 390 units @ $88.60 per unit Mar. 18 Purchase 150 units @ $63.60 per unit Mar. 25 Purchase 280...
Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 110 units @ $51.20 per unit Mar. 5 Purchase 230 units @ $56.20 per unit Mar. 9 Sales 270 units @ $86.20 per unit Mar. 18 Purchase 90 units @ $61.20 per unit Mar. 25 Purchase 160...
Required information [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1 Beginning inventory 240 units @ $53.80 per unit Mar. 5 Purchase 295 units @ $58.80 per unit Mar. 9 Sales 400 units @ $88.80 per unit Mar. 18 Purchase 155 units @ $63.80 per unit Mar. 25 Purchase 290...