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(a) Cost of goods sold during the period = (3,000 units × $5) + (6,500 units × $7)
Cost of goods sold during the period = $60,500
The accounting records of Sage Hill Electronics show the following data. Beginning inventory 3,000 units at...
The accounting records of Teal Mountain Electronics show the following data. Beginning inventory 2,000 units at $6 Purchases 8,000 units at $7 Sales 9,000 units at $10 Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period Question Part Score Determine cost of goods sold during the period under a periodic inventory system using the LIFO method....
The accounting records of Old Towne Electronics show the
following data.
Beginning inventory
3,110
units at
$5
Purchases
7,800
units at
$8
Sales
9,060
units at
$10
Determine cost of goods sold during the period under a periodic
inventory system using the FIFO method. (Round answer
to 0 decimal places, e.g. 1,250.)
FIFO
Cost of goods sold during the period
$
Determine cost of goods sold during the period under a periodic
inventory system using the LIFO method. (Round answer...
The accounting records of Marin Electronics show the following data. Beginning inventory 3,500 units at $4 Purchases 9,000 units at $6 Sales 9,700 units at $10 (a) Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period
Only part (c)
The accounting records of Marin Electronics show the following data. Beginning inventory 3,500 units at $4 Purchases 9,000 units at $6 Sales 9,700 units at $10 (a) Your answer is correct. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to o decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period 51200 click if you would like to show York for this question anon...
Only part (b)
The accounting records of Marin Electronics show the following data. Beginning inventory 3,500 units at $4 Purchases 9,000 units at $6 Sales 9,700 units at $10 (a) Your answer is correct. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to o decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period 51200 (b) Determine cost of goods sold during the period under a periodic...
The accounting records of Concord Electronics show the following
data.
Do Iitl Exercise 6-02 a- (Part Level Submission) The accounting records of Concord Electronics show the following data. Beginning inventory 2,500 units at $!5 Purchases Sales 10,000 units at $7 9,400 units at $10 ▼ (a) Your answer is incorrect. Try again. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) Cost of goods...
The accounting records of Amp Electronics show the following data. Beginning inventory 4,000 units at $5 Purchases 7,000 units at $7 Sales 9,400 units at $10 Determine cost of goods sold during the period under a periodic inventory system using (a) the FIFO method, (b) the LIFO method, and (c) the average-cost method. (Round unit cost to three decimal places.) Show work.
Problem 6-03A a, bl-b2, c (Part Level Submission) (Video) Whispering Winds Corp. had a beginning inventory on January 1 of 143 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 380 units 238 units at at $23 $24 Sept. 4 Dec, 2 333 units 95 units at at $26 $29 950 units were sold. Whispering Winds Corp. uses a periodic inventory system. Determine the cost of...
need help solving the questions in photo #2 given the info
from photo #1
Do It! Exercise 6-02 a-c The accounting records of Sage Hill Electronics show the following data. Beginning inventory Purchases Sales 3,000 units at $5 9,000 units at $7 9,500 units at $10 CALCULATOR PRINTER VERSION BACK Determine cost of goods sold during the period under a periodic Inventory system using the FIFO method. (Round answer to decimal places, e.g. 1,250.) FIFO Cost of goods sold during...
The accounting records of Sheridan Company show the following data. Beginning inventory Purchases Sales 3,000 units at $6 9,000 units at $8 10,400 units at $11 Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost $ per unit e Textbook and Media List of Accounts Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal...