Homework Answers
Weighted average cost : Periodic method.
>> Weighted average cost = $ 11,466 / 2730 = $ 4.2
Weighted average cost : Perpetual method.
>> Weighted average cost = $ 4.33
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ssignment CALCULATOR FULL SCREEN Presented below is information related --h radios for t h ird Company...
Presented below is information related to BLANK radios for the BLANK Company for the month of...
Presented below is information related to BLANK radios for the
BLANK Company for the month of July.
Date
Transaction
Units In
Unit Cost
Total
Units Sold
Selling Price
Total
July 1
Balance
130
$3.90
$ 507
6
Purchase
1,040
4.00
4,160
7
Sale
390
$6.70
$ 2,613
10
Sale
390
7.00
2,730
12
Purchase
520
4.30
2,236
15
Sale
260
7.10
1,846
18
Purchase
390
4.40
1,716
22
Sale
520
7.10
3,692
25
Purchase
650
4.38
2,847
30
Sale
260
7.20...
Presented below is information related to Blowfish radios for the Sunland Company for the month of...
Presented below is information related to Blowfish radios for the Sunland Company for the month of July. Units Sold Selling Price Total Total $ 507 4,160 390 390 $6.70 7.00 $2,613 2,730 2,236 Date Transaction Units In Unit Cost July 1 Balance 130 $3.90 6 Purchase 1,040 4.00 7 Sale 10 Sale 12 Purchase 520 4.30 15 Sale 18 Purchase 390 4.40 22 Sale 25 Purchase 650 4.38 30 Sale Totals 2,730 260 7.10 1,846 1,716 520 7.10 3,692 2,847...
Presented below is information related to Blowfish radios for the Skysong Company for the month of...
Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Units Sold Selling Price Date July 1 6 7 10 Units In 160 1,280 Unit Cost $4.50 4.60 Total Total $ 720 5,888 6.80 7.10 $ 3,264 3,408 12 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale Totals 640 4.90 3,136 2,304 480 5.00 2,400 4,608 800 25 30 4.98 3,984 2,336 $15,920 3,360 $16,1282 ,240 Calculate average cost per...
Question 20 Presented below is information related to Blowfish radios for the Blossom Company for the...
Question 20 Presented below is information related to Blowfish radios for the Blossom Company for the month of July. Units Sold Selling Price Total Units In 130 1,040 Unit Cost $4.10 4.20 Total $ 533 4,368 390 390 $6.90 7.20 $2,691 2,808 Date July 1 6 7 10 12 15 18 22 25 30 520 4.50 2,340 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale Totals 260 7.30 1,898 390 4.60 1,794 520 7.30 3,796 650 4.58...
Presented below is information related to Blowfish radios for the Oriole Company for the month of...
Presented below is information related to Blowfish radios for the Oriole Company for the month of July. Units Sold Selling Price Total Total $ 780 6,400 600 $7.00 7.30 $4.200 4380 600 3.440 Date Transaction Units In Unit Cost July 1 Balance 200 $3.90 6 Purchase 1.600 4.00 7 Sale 10 Sale 12 Purchase 800 4.30 15 Sale 18 Purchase 22 Sale 25 Purchase 1.000 4.38 30 Sale Totals 4.200 400 7.40 2,960 800 2.640 800 7.40 5.920 4380 400...
Presented below is information related to Blowfish radios for the Nash Company for the month of...
Presented below is information related to Blowfish radios for the Nash Company for the month of July. Units Sold Selling Price Total Units In Unit Cost 120 $4.10 960 4.20 Total $ 492 4,032 $6.80 7.10 $2,448 2,556 480 4.502,160 Date Transaction July 1 Balance 6 Purchase 7 Sale 10 Sale 12 Purchase 15 Sale 18 Purchase 22 Sale 25 Purchase 30 Sale Totals 7.20 1.728 360 4.60 1,656 7.20 3,456 600 2,748 7.30 240 1,680 1,752 $11,940 2,520 $11,088...
Presented below is information related to Blowfish radios for the Splish Company for the month of...
Presented below is information related to Blowfish radios for the Splish Company for the month of July. Units Sold Selling Price Total Date Transaction Units In Unit Cost Nyt Balance 140 $250 6 Purchase 1120 4.50 Total $630 5.152 $7.00 520 10 S Purchase 560 740 2072 18 Purchase 22 Sale 25 Purchase 4144 2.940 5141120 $14322 Calculate average cost per unit. (Round answer to 2 decimal places, e-s. 2.76.) Weighted average costs Assuming that the periodic inventory method is...
Exercise 8-13 Presented below is information related to Blowfish radios for the Waterway Company for the...
Exercise 8-13 Presented below is information related to Blowfish radios for the Waterway Company for the month of July. Units Sold Selling Price Total Unit Cost Total Date Transaction Units In $ 760 6,232 190 $4.00 July 1 Balance 6 urchase 1,520 4.10 570 $6.90 $3,933 4,104 7 Sale Sale Purchase 7.20 10 570 760 4.40 3,344 12 7.30 2,774 15 Sale 380 Purchase 4.50 18 570 2,565 5,548 22 Sale 760 7.30 4.48 25 Purchiase 950 4,256 Sale 380...
Presented below is information related to BLANK radios for the
BLANK Company for the month of July.
Date
Transaction
Units In
Unit Cost
Total
Units Sold
Selling Price
Total
July 1
Balance
130
$3.90
$ 507
6
Purchase
1,040
4.00
4,160
7
Sale
390
$6.70
$ 2,613
10
Sale
390
7.00
2,730
12
Purchase
520
4.30
2,236
15
Sale
260
7.10
1,846
18
Purchase
390
4.40
1,716
22
Sale
520
7.10
3,692
25
Purchase
650
4.38
2,847
30
Sale
260
7.20...
Presented below is information related to Blowfish radios for the Sunland Company for the month of July. Units Sold Selling Price Total Total $ 507 4,160 390 390 $6.70 7.00 $2,613 2,730 2,236 Date Transaction Units In Unit Cost July 1 Balance 130 $3.90 6 Purchase 1,040 4.00 7 Sale 10 Sale 12 Purchase 520 4.30 15 Sale 18 Purchase 390 4.40 22 Sale 25 Purchase 650 4.38 30 Sale Totals 2,730 260 7.10 1,846 1,716 520 7.10 3,692 2,847...
Presented below is information related to Blowfish radios for the Skysong Company for the month of July. Units Sold Selling Price Date July 1 6 7 10 Units In 160 1,280 Unit Cost $4.50 4.60 Total Total $ 720 5,888 6.80 7.10 $ 3,264 3,408 12 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale Totals 640 4.90 3,136 2,304 480 5.00 2,400 4,608 800 25 30 4.98 3,984 2,336 $15,920 3,360 $16,1282 ,240 Calculate average cost per...
Question 20 Presented below is information related to Blowfish radios for the Blossom Company for the month of July. Units Sold Selling Price Total Units In 130 1,040 Unit Cost $4.10 4.20 Total $ 533 4,368 390 390 $6.90 7.20 $2,691 2,808 Date July 1 6 7 10 12 15 18 22 25 30 520 4.50 2,340 Transaction Balance Purchase Sale Sale Purchase Sale Purchase Sale Purchase Sale Totals 260 7.30 1,898 390 4.60 1,794 520 7.30 3,796 650 4.58...
Presented below is information related to Blowfish radios for the Oriole Company for the month of July. Units Sold Selling Price Total Total $ 780 6,400 600 $7.00 7.30 $4.200 4380 600 3.440 Date Transaction Units In Unit Cost July 1 Balance 200 $3.90 6 Purchase 1.600 4.00 7 Sale 10 Sale 12 Purchase 800 4.30 15 Sale 18 Purchase 22 Sale 25 Purchase 1.000 4.38 30 Sale Totals 4.200 400 7.40 2,960 800 2.640 800 7.40 5.920 4380 400...
Presented below is information related to Blowfish radios for the Nash Company for the month of July. Units Sold Selling Price Total Units In Unit Cost 120 $4.10 960 4.20 Total $ 492 4,032 $6.80 7.10 $2,448 2,556 480 4.502,160 Date Transaction July 1 Balance 6 Purchase 7 Sale 10 Sale 12 Purchase 15 Sale 18 Purchase 22 Sale 25 Purchase 30 Sale Totals 7.20 1.728 360 4.60 1,656 7.20 3,456 600 2,748 7.30 240 1,680 1,752 $11,940 2,520 $11,088...
Presented below is information related to Blowfish radios for the Splish Company for the month of July. Units Sold Selling Price Total Date Transaction Units In Unit Cost Nyt Balance 140 $250 6 Purchase 1120 4.50 Total $630 5.152 $7.00 520 10 S Purchase 560 740 2072 18 Purchase 22 Sale 25 Purchase 4144 2.940 5141120 $14322 Calculate average cost per unit. (Round answer to 2 decimal places, e-s. 2.76.) Weighted average costs Assuming that the periodic inventory method is...
Exercise 8-13 Presented below is information related to Blowfish radios for the Waterway Company for the month of July. Units Sold Selling Price Total Unit Cost Total Date Transaction Units In $ 760 6,232 190 $4.00 July 1 Balance 6 urchase 1,520 4.10 570 $6.90 $3,933 4,104 7 Sale Sale Purchase 7.20 10 570 760 4.40 3,344 12 7.30 2,774 15 Sale 380 Purchase 4.50 18 570 2,565 5,548 22 Sale 760 7.30 4.48 25 Purchiase 950 4,256 Sale 380...
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