Question 1 View Policies Current Attempt in Progress Skysong Company uses a periodic inventory system. For...
Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost $16 270 April 1 inventory April 15 purchase April 23 purchase 410 19 21 Total Cost $ 4,320 7,790 6,720 $18,830 320 1,000 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold $
excel Con- ess View Policies Current Attempt in Progress Metlock Company uses a periodic inventory system. For April, when the company sold 650 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 310 390 300 1,000 Unit Cost $20 24 26 Total Cost $ 6,200 9,360 7,800 $23,360 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold $ Attempts: 0...
View Policies Show Attempt History Current Attempt in Progress Kingbird Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available Units Unit Cost Total Cost April 1 inventory 280 $31 $8,680 April 15 purchase 450 37 16,650 April 23 purchase 270 40 10,800 1,000 $36,130 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold $ eTextbook and...
Skysong Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 270 $16 $4,320 April 15 purchase 410 19 April 23 purchase 21 320 1,000 7.790 6,720 $18,830 Calculate weighted average cost per unit. (Round answer to 2 decimal places, es. 2.76) Weighted average cost per units Compute the April 30 inventory and the April cost of goods sold using the average-cost method....
Question 1 View Policies Show Attempt History Current Attempt in Progress Oriole Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost $30 $8,100 April 1 inventory 270 440 36 15,840 April 15 purchase 11,310 290 39 April 23 purchase $35,250 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory $ Cost of goods sold eTextbook...
Question 10 0/1 View Policies Show Attempt History Current Attempt in Progress Tamarisk Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 230 April 15 purchase 360 $26 31 34 $5,980 11,160 13,940 $31,080 April 23 purchase _410 1,000 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold...
Current Attempt in Progress Oriole Company uses a periodic inventory system. For April, when the company sold 600 units, the following information is available. Units Unit Cost Total Cost 270 April 1 inventory April 15 purchase April 23 purchase 440 290 1,000 $30 36 39 $ 8,100 15,840 11,310 $35,250 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory Cost of goods sold $ $
View Policies Current Attempt in Progress Concord Co. uses a periodic inventory system. Its records show the following for the month of May, in which 72 units were sold. Unit Cost Total Cost Units May 1 Inventory $407 15 Purchases - 350 24 Purchases 480 9 Totals 94 $1,237 Compute the ending Inventory at May 31 and cost of goods sold using the FIFO and LIFO methods FIFO Ending inventory at May 31 $ Cost of goods sold
View Policies Current Attempt in Progress Marin Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date Explanation Units Unit Cost 35 May 1 15 Inventory Purchase Total Cost $350 275 24 Purchase 480 $1,105 Total Calculate the weighted average unit cost. (Round answer to 3 decimal places, s. 5.125.) Weighted average unit cost $ eTextbook and Media Calculate the ending inventory at May 31 using the...
Chapter 8 Exercises Send to Gradebook Question 5 View Policies Show Attempt History Current Attempt in Progress * Your answer is incorrect Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is avail Units Unit Cost Total Cost April 1 inventory April 15 purchase 250 $28 350 April 23 purchase $7.000 11.900 14.400 $33,300 400 36 1.000 Compute the April 30 inventory and the April cost of goods sold using the...