Answer is option B
B. $5929
July 1 |
31 |
62 |
1922 |
purchase |
187 |
58 |
10846 |
Balance |
218 |
58.569 |
12768 |
sale |
125 |
58.569 |
7321 |
Balance |
93 |
58.569 |
5447 |
Purchase |
94 |
60 |
5640 |
Balance |
187 |
59.289 |
11087 |
Sale |
87 |
59.289 |
5158 |
Balance |
100 |
59.289 |
5929 |
Tamarisk has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases...
Kingbird has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 34 units at $68 205 units at $64 137 units 103 units at $66 96 units Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? (Round intermediate calculations to 3 decimal places, e.g. 12.531.)
Wildhorse has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 32 units at $65 194 units at $60 130 units 97 units at $63 91 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for July? $6586 $6286 $6298 $6334
Pina Colada has the following inventory data:
July 1
Beginning inventory
33 units at $66
5
Purchases
198 units at $62
14
Sale
132 units
21
Purchases
99 units at $64
30
Sale
92 units
Assuming that a perpetual inventory system is used, what is ending
inventory (rounded) under the average cost method for July?
(Round intermediate calculations to 3 decimal places,
e.g. 12.531.)
$6752
$6776
$6708
$6020
Oriole has the following inventory data: July 1 Beginning inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 56 units at $134 336 units at $125 224 units 168 units at $129 157 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a FIFO basis? $22879 $48129 $23047 $48297
Vaughn has the following inventory data: July 1 Beginning inventory 31 units at $61 5 Purchases 184 units at $57 14 Sale 122 units 21 Purchases 92 units at $59 30 Sale 86 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis for July?
Question 11 P. Didee has the following inventory information. July 1 Beginning Inventory 5 Purchases 14 Sale 21 Purchases 30 Sale 20 units at $90 120 units at $92 90 units 60 units at $95 58 units Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis? $4,744 O $4,750 $4,940 $4,790 Click if you would like to Show Work for this question: Open Show Work Question 14 The petty cash fund of...
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Question 17 Classic Floors has the following inventory data: July 1 Beginning inventory 30 units at $6.00 5 Purchases 120 units at $6.60 14 Sale 80 units 21 Purchases 60 units at $7.20 30 Sale 56 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? A. $696.00 B. $931.20 C. $1,404.00
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