Question 4 Metlock Company uses a periodic inventory system. For April, when the company sold 650...
Metlock Company uses a periodic inventory system. For April, when the company sold 650 units, the following information is available. Total Cost April 1 inventory April 15 purchase April 23 purchase Units 310 390 300 1,000 Unit Cost $20 24 26 $ 6,200 9,360 7,800 $23,360 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...
Brief Exercise 8-4
Sweet Company uses a periodic inventory system. For April, when the
company sold 650 units, the following information is
available.
Units
Unit Cost
Total Cost
April 1 inventory
310
$34
$ 10,540
April 15 purchase
420
41
17,220
April 23 purchase
270
44
11,880
1,000
$39,640
Calculate weighted average cost per unit. (Round
answer to 2 decimal places, e.g. 2.76.)
Weighted average cost per unit
$
LINK TO TEXT
Compute the April 30 inventory and the April...
Pearl Company uses a periodic inventory system. For April, when the company sold 650 units, the following information is available Units Unit Cost Total Cost April 1 Inventory $34 $ 10,540 April 15 purchase 41 17,220 April 23 purchase 270 11,880 1,000 $39,640 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending Inventory Cost of goods sold
Bramble Company uses a periodic inventory system. For April, when the company sold 650 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 350 $24 $ 8,400 April 15 purchase 370 29 10,730 April 23 purchase 280 31 8,680 1,000 $27,810 Compute the April 30 inventory and the April cost of goods sold using the LIFO method.
Buffalo Company uses a periodic inventory system. For April,
when the company sold 650 units, the following information is
available.
Units
Unit Cost
Total Cost
April 1 inventory
310
$34
$ 10,540
April 15 purchase
420
41
17,220
April 23 purchase
270
44
11,880
1,000
$39,640
(a)
Calculate weighted average cost per unit. (Round answer
to 2 decimal places, e.g. 2.76.)
Weighted average cost per unit
$
B.
The parts of this question must be completed in order. This part...
Brief Exercise 8-4 Headland 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 16,650 April 23 purchase 270 40 10,800 1,000 $36,130 Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per units Compute the April 30 inventory and the April cost of goods sold using...
Riverbed 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 $30 $ 8,100 April 15 purchase 440 36 15,840 April 23 purchase 290 39 11,310 1,000 $35,250 Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $35.25 Compute the April 30 inventory and the April cost of goods sold using the...
Bonita Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Unit Cost $19 April 1 inventory April 15 purchase April 23 purchase Units 300 410 290 1,000 Total Cost $ 5,700 9,430 7,250 $22,380 25 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold
Blossom Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. Units 300 April 1 inventory April 15 purchase April 23 purchase Unit Cost $33 40 440 260 Total Cost $ 9,900 17,600 11,180 $38,680 43 1,000 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold $