Carla Vista Co. uses a periodic inventory system and reports the following for the month of...
Carla Vista Co. uses a perpetual inventory system. Data for product E2-D2 includes the following purchases. Date Number of Units Unit Price May 7 40 $13 July 28 30 18 On June 1, Carla Vista sold 20 units, and on August 27, 30 more units. Calculate the average cost of the goods sold in the sale. (Round answers to 3 decimal places, e.g. 5.125.) June 1 sale: Aug. 27 sale: Compute the cost of goods sold using FIFO, LIFO, and...
Sandhill Co, uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost $5 June 1 Inventory 140 Total Cost $ 700 2,100 1,610 Purchases Purchases Inventory Calculate weighted average unit cost. (Round answer to 3 decimal places, e.. 5.125.) Weighted average unit cost $ Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round answers to decimal places, es. 125) FIFO...
Question 13 Carla Vista Co. uses a periodic inventory system reports the following for the month of June. Explanation Date Units Unit Cost Total Cost June 1 Inventory 117 $5 $585 12 Purchases 333 6 1,998 Purchases 200 7 1,400 250 Inventory A sale of 350 units occurred on June 15 for a selling price of $7 and a sale of 50 units on June 27 for $8. Calculate cost of the ending inventory and the cost of goods sold...
Teal Mountain Inc. uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $650 12 Purchases 370 2,220 Purchases 200 7 1,400 Inventory 240 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ e Textbook and Media Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers...
Sage Hill Inc. uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost June 1 Inventory 110 $5 Total Cost $550 2,190 12 Purchases 365 6 Purchases 210 1,470 Inventory 250 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 6.146 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to O...
Culver Corporation uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 12 Inventory Purchases Purchases 100 365 210 $5 6 $500 2,190 1.470 7 Inventory Your answer is incorrect. Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ e Textbook and Media X Your answer is incorrect. Compute the cost of the ending inventory and the cost of...
Headlands Industries uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 120 $5 $ 600 12 Purchases 390 6 2,340 23 Purchases 190 7 1,330 30 Inventory 235 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $enter a weighted-average unit cost in dollars Compute the cost of the ending inventory and the cost of goods sold under FIFO,...
Current Attempt in Progress Buffalo Industries uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 130 $5 $650 12 Purchases 370 2,220 Purchases 225 1,575 Inventory 250 Calculate weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ e Textbook and Media Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and...
Exercise 6-07 al-a2 Buffalo Industries uses a periodic inventory system and reports the following for the month of June. Unit Cost Date June 1 12 Units 130 Total Cost $ 650 2,220 1,575 Inventory Purchases Purchases Inventory 370 225 250 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost. Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to o decimal...
Riverbed Corp uses a periodic inventory system and reports the following for the month of June. Date Explanation Units Unit Cost Total Cost June 1 Inventory 105 $5 $ 525 Purchases 2,250 1,435 23 Purchases Inventory * Your answer is incorrect. Calculate weighted average unit cost. (Round answer to 3 decimal places, s. 5.125.) Weighted average unit cost $ 2565 e Textbook and Media x Your answer is incorrect. Compute the cost of the ending inventory and the cost of...