Inventory by Three Methods The units of an item available for sale during the year were...
Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 6 units @ $46 per unit Feb. 17 Purchase 17 units @ $48 per unit 9 units @ $49 per unit Jul. 21 Purchase Nov. 23 Purchase 16 units @ $50 per unit There are 24 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost under each of...
Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory Feb. 17 Purchase Jul. 21 Purchase Nov. 23 Purchase 8 units 9 units 7 units 11 units $48 per unit $49 per unit $52 per unit $53 per unit There are 21 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost under each of the following methods. a....
Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 11 units @ $25 per unit Feb. 17 Purchase 17 units @ $26 per unit Jul. 21 Purchase 9 units @ $29 per unit Nov. 23 Purchase 10 units @ $29 per unit There are 28 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost under each of...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 20 units at $35 Feb. 17 Purchase 4 units at $37 Jul. 21 Purchase 9 units at $39 Nov. 23 Purchase 8 units at $39 There are 12 units of the item in the physical inventory at December 31. The periodic Inventory system is used. Round average unit cost to the nearest cent and final answers to the...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory Feb. 17 Purchase Jul. 21 Purchase Nov. 23 Purchase 18 units at $44 19 units at $46 16 units at $47 7 units at $48 There are 18 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to the nearest cent and final answers to the...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 7 units at $29 Feb. 17 Purchase 10 units at $30 Jul. 21 Purchase 7 units at $31 Nov. 23 Purchase 9 units at $32 There are 20 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to one decimal and final answers to the nearest...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 13 units at $43 Feb. 17 Purchase 9 units at $45 Jul. 21 Purchase 20 units at $48 Nov. 23 Purchase 9 units at $48 There are 10 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to the nearest cent and final answers to the...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory Feb. 17 Purchase Jul. 21 Purchase Nov. 23 Purchase 18 units at $29 8 units at $31 8 units at $33 5 units at $35 There are 8 units of the item in the physical inventory at December 31. The periodic inventory system is used. Round average unit cost to the nearest cent and final answers to the...
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,100 units @ $130 Feb. 17 Purchase 1,440 units @ $131 Jul. 21 Purchase 1,635 units @ $132 Nov. 23 Purchase 1,130 units @ $134 There are 1,205 units of the item in the physical inventory at December 31. The periodic inventory system is used. Do not round intermediate calculation and round final answer to nearest whole value....
Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,020 units @ $122 Feb. 17 Purchase 1,380 units @ $124 Jul. 21 Purchase 1,520 units @ $127 Nov. 23 Purchase 1,130 units @ $128 There are 1,205 units of the item in the physical inventory at December 31. The periodic inventory system is used. Do not round intermediate calculation and round final answer to nearest whole value....