Question

Apple Disney Yahoo E ESPN T 50 Hilarious Chee... canvas Impor Saved artial 7 homework Calculate the missing information for each of the following independent cases: Cases Ending Beginning Cost of Inventory Inventory Purchases Goods Sold (perpetual system) 124 $ 760 $ 336 $ 548 320 1,040 210 740 320 690 3201 330 Ending Inventory Shrinkage (as counted) $ 480p $ 68 210 0 10 260 270 770 < Prey 4 of 4 !! Next > b026 8 8 m? 9? (

Answer 1

Calculate following

Cases	Beginning inventory	Purchases	Cost of goods sold	Ending inventory (perpetual system)	Ending inventory (as counted)	Shrinkage
A	124	760	336	124+760-336 = 548	480	548-480 = 68
B	320	1040	320+1040-210 = 1150	210	210	210-210 = 0
C	270	740	320	690	690-10 = 680	10
D	320	770+330-320 = 780	770	330	260	330-260 = 70