Many thanks if you can help me to do the following.
In the Question, it is mentioned that weighted average of cost per unit rounded of it to Two digit but it is not mentioned about the Total amount inventory cost.
So , Total amount has been kept at the full digit number.
Many thanks if you can help me to do the following. Laker Company reported the following...
Laker Company reported the following January purchases and sales data for its only product. Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 190 units @ $ 7.00 = $ 1,330 Jan. 10 Sales 150 units @ $ 16.00 Jan. 20 Purchase 110 units @ $ 6.00 = 660 Jan. 25 Sales 130 units @ $ 16.00 Jan. 30 Purchase 280 units @ $ 5.50 = 1,540 Totals 580 units $ 3,530 280 units The...
(The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Units sold at Retail Units Acquired at Cost 145 units @ $ 7.00 = $ 1,015 105 units @ $16.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase 70 units @ $ 6.00 = 420 85 units @ $16.00 @ $5.50 = 190 units 405 units 1,045...
Date Activities Units Acquired at Cost Units sold at Retail Jan. 1 Beginning inventory 190 units @ $ 7.00 = $ 1,330 Jan. 10 Sales 150 units @ $ 16.00 Jan. 20 Purchase 110 units @ $ 6.00 = 660 Jan. 25 Sales 130 units @ $ 16.00 Jan. 30 Purchase 280 units @ $ 5.50 = 1,540 Totals 580 units $ 3,530 280 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 300...
It will be greatly appreciated if you can help me to do the following. Much thanks! Laker Company reported the following January purchases and sales data for its only product. Date Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Activities Units Acquired at Cost 60 units $8.50 $1,360 00 units$7.50 750 220 units$7.00 1,540 Units Sold at Retail 120 units 120 units $17.50 $17.50 Totals 480 units $ 3,650 240 units b)...
[The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. Units Acquired at Cost 175 units $10.00 - $1.750 Units sold at Retail 135 units $19.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 140 units $19.00 130 units @ $ 9.00 - 250 units @ $ 8.50 - 555 units 1,170 3,125 $5,845 275 units...
Required information (The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Activities Units Aequired at Cost Units sold at Retail Jan. 1 Beginning inventory 155 unitse $8.00 - $1,240 Jan. 10 Sales 115 units $17.00 Jan. 20 Purchase 90 units $7.00 - 630 Jan. 25 Sales 95 units # $17.00 Jan. 30 Purchase 210 unitse $6.50 - 1,365 Totals 455 units $3,235 210 units Date The...
Required information (The following information applies to the questions displayed below.) Laker Company reported the following January purchases and sales data for its only product. Units sold at Retail Units Acquired at Cost 145 units@ $7.00 = $1,015 105 units @ $16.00 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 70 units@ $6.00 = 420 85 units @ $16.00 190 units@ $5.50 - 405 units 1,045 $2,480 190 units...
Laker Company reported the following January purchases and sales data for its ory product Date Jan 1Beginning invantory Jan 10 Sales Jan 20 Purchase Jan 25 Sales Jan 30Purchase Activities Units Acquired at Cost Units sold at Retail 110 units16.50... a-units-a it 68 -…-120 -- 50 = umits 16.50 200 units 600 : Totals 430 units 200 units The Company uses a perpetual inventory system. For specific identification, ending inventory consists of 230 units, where 200 are from the January...
Required Information The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. Date Units sold at Activities whits Aequired at copt Beginning 100 units $10.50 =$1,890 Jan. Inventory Jan. 10 Sales 140 units $19.50 Jan. 20 Purchase 110 units$ 9.50 - 1,045 Jan. 25 Sales 130 units $19.50 Jan. 30 Purchase 260 unitats 9.00 - 2,340 Totala 550 units $5,275 270 units The Company uses a perpetual...
[The following information applies to the questions displayed below.] Laker Company reported the following January purchases and sales data for its only product. Units Acquired at Cost 240 units @ $16.50 = $ 3,960 Units sold at Retail 190 units @ $25.50 Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 170 units @ $15.50 = 2,635 190 units @ $25.50 $15.00 = 380 units @ 790 units 5,700 $12,...