a) Cost of Goods Sold = 3500 units * $ 4 + ( 6200 units *$ 6)
= $ 51,200
Hence the correct answer is $ 51,200
b) Cost of Goods Sold = 9000 units * $ 6 + ( 700 units *$ 4)
= $ 56,800
Hence the correct answer is $ 56,800
Only part (b) The accounting records of Marin Electronics show the following data. Beginning inventory 3,500...
Only part (c)
The accounting records of Marin Electronics show the following data. Beginning inventory 3,500 units at $4 Purchases 9,000 units at $6 Sales 9,700 units at $10 (a) Your answer is correct. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to o decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period 51200 click if you would like to show York for this question anon...
The accounting records of Marin Electronics show the following data. Beginning inventory 3,500 units at $4 Purchases 9,000 units at $6 Sales 9,700 units at $10 (a) Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period
The accounting records of Old Towne Electronics show the
following data.
Beginning inventory
3,110
units at
$5
Purchases
7,800
units at
$8
Sales
9,060
units at
$10
Determine cost of goods sold during the period under a periodic
inventory system using the FIFO method. (Round answer
to 0 decimal places, e.g. 1,250.)
FIFO
Cost of goods sold during the period
$
Determine cost of goods sold during the period under a periodic
inventory system using the LIFO method. (Round answer...
The accounting records of Teal Mountain Electronics show the following data. Beginning inventory 2,000 units at $6 Purchases 8,000 units at $7 Sales 9,000 units at $10 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period Question Part Score Determine cost of goods sold during the period under a periodic inventory system using the LIFO method....
The accounting records of Concord Electronics show the following
data.
Do Iitl Exercise 6-02 a- (Part Level Submission) The accounting records of Concord Electronics show the following data. Beginning inventory 2,500 units at $!5 Purchases Sales 10,000 units at $7 9,400 units at $10 ▼ (a) Your answer is incorrect. Try again. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) Cost of goods...
The accounting records of Amp Electronics show the following data. Beginning inventory 4,000 units at $5 Purchases 7,000 units at $7 Sales 9,400 units at $10 Determine cost of goods sold during the period under a periodic inventory system using (a) the FIFO method, (b) the LIFO method, and (c) the average-cost method. (Round unit cost to three decimal places.) Show work.
The accounting records of Coronado Industries show the following data. Beginning inventory 2,840 units at $6 Purchases 7,980 units at $8 Sales 8,511 units at $11 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold $
The accounting records of Sage Hill Electronics show the
following data.
Beginning inventory
3,000
units at
$5
Purchases
9,000
units at
$7
Sales
9,500
units at
$10
(a)
Your answer is incorrect. Try again.
Determine cost of goods sold during the period under a periodic
inventory system using the FIFO method. (Round answer
to 0 decimal places, e.g. 1,250.)
FIFO
Cost of goods sold during the period
$
Click if you would like to
Show Work for this question:
Open...
The accounting records of Crane Company show the following data. Beginning inventory Purchases Sales 3,160 units at $7 8,240 units at $9 8,460 units at $12 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to O decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold $ ta
Current Attempt In Progress The accounting records of Marigold Corp. show the following data. Beginning inventory Purchases Sales 3,270 units at $6 8,550 units at $8 9,225 units at $11 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (For calculation purposes, round average cost to 3 decimal places, e.g. 5.275. Round answers to O decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods...