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April 1 Inventory April 15 purchase April 23 purchase 350 250 350 400 1,000 34 3...
Brief Exercise 8-4 (Part Level Submission) Swifty Company uses a periodic inventory system. For April, when...
Brief Exercise 8-4 (Part Level Submission) Swifty Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 $7,000 April 15 purchase 350 34 11,900 April 23 purchase 400 36 14,400 1,000 $33,300 (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the...
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 34 $7,000 11,900 April 15 purchase 350 April 23 purchase 400 36 14,400 $33,300 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold $ $
Brief Exercise 8-4 Sweet Company uses a periodic inventory system. For April, when the company sold...
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...
Amsterdam Company uses a periodic inventory system. For April, when the company sold 600 units, the...
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...
Question 5 Martinez Company uses a periodic inventory system. For April, when the company sold 400...
Question 5 Martinez Company uses a periodic inventory system. For April, when the company sold 400 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 220 $11 $ 2,420 April 15 purchase 450 13 5,850 April 23 purchase 330 14 4,620 1,000 $12,890 Collapse question part (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $
ignment CALCULAYOR ion). ompany uses a periodic inventory system. For April, when the company sold 450...
ignment CALCULAYOR ion). ompany uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 230 $12 $ 2,760 April 15 purchase 430 14 6,020 April 23 purchase 340 5,440 16 1,000 $14,220 Y(a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $ LINK TO TEXT Attempts: 0 of 3 usi (0)
Exercise 6-09 al,a2, b Oriole Company reports the following for the month of June. Units Unit...
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 6-05 Larkspur, Inc. uses a periodic inventory system. Its records show the following for the...
Exercise 6-05 Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Units Unit Cost Date May 1 Explanation Inventory Purchase Purchase Total Total Cost $306 260 440 $1,006 24 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost. LINK TO TEXT LINK TO VIDEO Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost...
Problem 6-03A a, b1-b2, с (Video) Ziad Company had a beginning inventory on January 1 of...
Problem 6-03A a, b1-b2, с (Video) Ziad Company had a beginning inventory on January 1 of 150 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 400 units 250 units at at $23 $24 Sept. 4 Dec. 2 350 units 100 units at at $26 $29 1,000 units were sold. Ziad Company uses a periodic inventory system. Determine the cost of goods available for sale. The...
Exercise 6-05 Ayayai Corp. uses a periodic inventory system. Its records show the following for the...
Exercise 6-05 Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Units Unit Cost Date May 1 32 15 Explanation Inventory Purchase Purchase Total Total Cost $256 225 430 $911 24 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit costs LINK TO TEXT LINK TO VIDEO Calculate the ending inventory at May 31 using the FIFO, LIFO...
Brief Exercise 8-4 (Part Level Submission) Swifty Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 $7,000 April 15 purchase 350 34 11,900 April 23 purchase 400 36 14,400 1,000 $33,300 (a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit
Wildhorse Company uses a periodic inventory system. For April, when the company sold 570 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 250 $28 34 $7,000 11,900 April 15 purchase 350 April 23 purchase 400 36 14,400 $33,300 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. Ending inventory Cost of goods sold $ $
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...
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...
ignment CALCULAYOR ion). ompany uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory 230 $12 $ 2,760 April 15 purchase 430 14 6,020 April 23 purchase 340 5,440 16 1,000 $14,220 Y(a) Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average cost per unit $ LINK TO TEXT Attempts: 0 of 3 usi (0)
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 6-05 Larkspur, Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 80 units were sold. Units Unit Cost Date May 1 Explanation Inventory Purchase Purchase Total Total Cost $306 260 440 $1,006 24 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost. LINK TO TEXT LINK TO VIDEO Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost...
Problem 6-03A a, b1-b2, с (Video) Ziad Company had a beginning inventory on January 1 of 150 units of Product 4-18-15 at a cost of $20 per unit. During the year, the following purchases were made. Mar. 15 July 20 400 units 250 units at at $23 $24 Sept. 4 Dec. 2 350 units 100 units at at $26 $29 1,000 units were sold. Ziad Company uses a periodic inventory system. Determine the cost of goods available for sale. The...
Exercise 6-05 Ayayai Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 69 units were sold. Units Unit Cost Date May 1 32 15 Explanation Inventory Purchase Purchase Total Total Cost $256 225 430 $911 24 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit costs LINK TO TEXT LINK TO VIDEO Calculate the ending inventory at May 31 using the FIFO, LIFO...
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