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(a1) Number of units available for sale = 210 units + 430 units
+ 360 units = 1,000 units
Cost of goods available for sale = $1,680 + $3,870 + $3,600 =
$9,150
Weighted Average Unit Cost = $9,150/1,000 units = $9.15 per
unit
Sheffield Company reports the following for the month of June. Units Unit Cost Total Cost June...
Exercise 6-09 a1,a2, b (Part Level Submission) Sheffield Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 210 $8 $ 1,680 12 Purchase 430 9 3,870 23 Purchase 360 10 3,600 30 Inventory 200 (a1) Your answer is correct. Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost $ Click if you would like to Show Work for this question: Open Show Work SHOW...
Exercise 6-09 al,a2, b Oriole Company reports the following for the month of June. Units Unit Cost Total Cost $5 June 1 12 350 500 350 $ 1,750 3,000 Inventory Purchase Purchase Inventory 6 23 7 2,450 30 160 Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost $ LINK TO TEXT Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to...
Exercise 6-07 a-c (Part Level Submission) Crane Company uses a periodic system reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 250 $7 $ 1,750 12 Purchase 400 8 3,200 23 Purchase 350 9 3,150 30 Inventory 150 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ $ Cost of goods sold $ $ Click if...
Bridgeport Corp. reports the following for the month of June. Explanation Units Unit Cost Total Cost June 1 Inventory 12 Purchases 2,310 23 Purchases 1,358 30 Inventory 240 $ 580 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (For calculation purposes, round to 3 decimal places, e.g. 5.275. Round answers to decimal places, e.g. 125.) FIFO LIFO Average-cost The cost of the ending inventory The cost of goods sold Click...
Bonita Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 200 $3 $600 12 Purchase 400 6 2,400 23 Purchase 400 7 2,800 30 Inventory 50 Assume a sale of 500 units occurred on June 15 for a selling price of $8 and a sale of 450 units on June 27 for $9. Your answer is correct. Calculate cost of goods available for sale. The cost of goods available for...
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...
Amsterdam 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 $2,500 250 400 $10 12 April 15 purchase 4.800 April 23 purchase 350 1,000 4,550 $11,850 (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per units e Textbook and Media Attempts: unlimited Save for Later Submit Answer The parts of this question...
Can you Show the work please? Karen Company reports the following for the month of June. Unit Units Total Cost Date Explanation Cost $4 $2,160 June 1 Inventory 540 12 Purchase 840 5,040 6 23 Purchase 8,320 1,040 Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 910 units occurred on June 15 for a selling price of $8 and a sale...
Patricia Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 340 $5 $1,700 12 Purchase 640 6 3,840 23 Purchase 840 7 5,880 Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 710 units occurred on June 15 for a selling price of $8 and a sale of 740 units on June...
Exercise 211 (Part Level Submission) Culver Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost 180 $4 $720 Inventory Purchase June 1 12 23 30 4205 6006 224 2,100 3,600 Purchase Inventory (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answers to O decimal places, e.g. 2,520.) FIFO...