Homework Answers
| Particulars | Amount | Price | Units | |
| 01-Oct | Beginning inventory | 18200 | 7 | 2600 |
| 03-Oct | Purchases | 26000 | 8 | 3250 |
| 09-Oct | Purchases | 40950 | 9 | 4550 |
| 19-Oct | Purchases | 39000 | 10 | 3900 |
| 25-Oct | Purchases | 57200 | 11 | 5200 |
| Cost of goods available for sale | 181350 | 19500 | ||
| Less units sold | 14170 | |||
| Ending inventory | 5330 | |||
| Weighted Average cost per unit | 9.30 | (181350/19500) | ||
| Ending inventory | ||||
| Weighted Average cost | 49569 | (5330*9.30) | ||
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weighted cost per unit?
CALCULATOR PRINTER VERSTON BACK NEXT Problem 6-2A (Part Level Submission) Culver Distribution...
what is the FIFO LIFO and Average Cost in part b2? Problem 6-2A (Part Level Submission)...
what is the FIFO LIFO and Average Cost in part b2?
Problem 6-2A (Part Level Submission) Sheffield Distribution markets CDs of the performing artist Fishe. At the beginning of October, Sheffield had in beginning inventory 3,800 of Fishe's CDs with a unit cost of $7. During October, Sheffield made the following purchases of Fishe's CDs. Oct. 3 4,750 @ $8 Oct. 9 6,650 @ $9 Oct. 195,700 @ $10 Oct. 25 7,600 @ $11 During October, 20,710 units were sold....
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At...
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishe's CDs with a unit cost of $7. During October, Express made the following purchases of Fishe's CDs. Oct. 3 2,500 @ $8 Oct. 9 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,900 units were sold. Express uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At...
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishe's CDs with a unit cost of $7. During October, Express made the following purchases of Fishe's CDs. Oct. 3 2,500 @ $8 Oct. 9 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,900 units were sold. Express uses a periodic inventory system. Determine the cost...
Bridgeport Distribution markets CDs of the performing artist Fishe./ At the beginning/ of October, Bridgeport /had...
Bridgeport Distribution markets CDs of the performing artist
Fishe./ At the beginning/ of October, Bridgeport /had in beginning
inventory 2,400 of Fish/e’s CDs with a u/nit cost of $6. During
Oct/o/ber, Bridgeport mad/e the foll/owing purchases of Fishe’s
CDs.
Cost of goods available for sale
$ 149400
Weighted average cost per unit
$ 8.3
Determin/e (1) the ending inventory and (2) the cost of goo./ds
sold under ea/ch of the/ /assumed cost flow /methods (FIFO, LIFO,
and average-cost). Prove the...
Problem 6-02A a, b1-b2, c (Video) Martinez Distribution markets CDs of the performing artist Fishe. At...
Problem 6-02A a, b1-b2, c (Video) Martinez Distribution markets CDs of the performing artist Fishe. At the beginning of October, Martinez had in beginning inventory 3,100 of Fishe’s CDs with a unit cost of $7. During October, Martinez made the following purchases of Fishe’s CDs. Oct. 3 3,875 @ $8 Oct. 19 4,650 @ $10 Oct. 9 5,425 @ $9 Oct. 25 6,200 @ $11 During October, 16,895 units were sold. Martinez uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-b2, с (Video) Coronado Distribution markets CDs of the performing artist Unique. At the beginning...
Problem 6-02A a, b1-b2, с (Video) Coronado Distribution markets CDs of the performing artist Unique. At the beginning of October, Coronado had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Coronado made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 9 3,500 @ $7 Oct. 19 Oct. 25 3,000 @ $8 4,000 @ $9 During October, 10,700 units were sold. Coronado uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-b2, с (Video) Crane Distribution markets CDs of the performing artist Unique. At...
Problem 6-02A a, b1-b2, с (Video) Crane Distribution markets CDs of the performing artist Unique. At the beginning of October, Crane had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Crane made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 9 3,500 @ $7 Oct. 19 3,000 @ $8 Oct. 25 4,000 @ $9 During October, 10,900 units were sold. Crane uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-62, < (Video) Sunland Distribution markets CDs of the performing artist Unique. At the begi...
Problem 6-02A a, b1-62, < (Video) Sunland Distribution markets CDs of the performing artist Unique. At the beginning of October, Sunland had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Sunland made the following purchases of Unique's CDs. Oct. 3 2,500 $6 Oct. 192,000 $8 Oct. 93,500 $7 Oct. 254,000 $9 During October 10,750 units were sold. Sunland uses a periodic Inventory system. Determine the cost of goods available for sale. Cost of...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 13-4 (Part Level Submission) Culver Company prepares monthly...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 13-4 (Part Level Submission) Culver Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses January $410,400 136,800 102,600 79,800 90,060 February $456,000 142,500 114,000 85,500 96,900 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the...
Problem 6-02A a, b1-b2, c (Video) Lily Distribution markets CDs of the performing artist Unique. At...
Problem 6-02A a, b1-b2, c (Video)
Lily Distribution markets CDs of the performing artist Unique. At
the beginning of October, Lily had in beginning inventory 2,000 of
Unique’s CDs with a unit cost of $7. During October, Lily made the
following purchases of Unique’s CDs.
Oct. 3
2,500
@
$8
Oct. 19
3,000
@
$10
Oct. 9
3,500
@
$9
Oct. 25
4,000
@
$11
During October, 10,750 units were sold. Lily uses a periodic
inventory system.
Your answer is...
what is the FIFO LIFO and Average Cost in part b2?
Problem 6-2A (Part Level Submission) Sheffield Distribution markets CDs of the performing artist Fishe. At the beginning of October, Sheffield had in beginning inventory 3,800 of Fishe's CDs with a unit cost of $7. During October, Sheffield made the following purchases of Fishe's CDs. Oct. 3 4,750 @ $8 Oct. 9 6,650 @ $9 Oct. 195,700 @ $10 Oct. 25 7,600 @ $11 During October, 20,710 units were sold....
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishe's CDs with a unit cost of $7. During October, Express made the following purchases of Fishe's CDs. Oct. 3 2,500 @ $8 Oct. 9 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,900 units were sold. Express uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-b2, с (Video) Express Distribution markets CDs of the performing artist Fishe. At the beginning of October, Express had in beginning inventory 2,000 of Fishe's CDs with a unit cost of $7. During October, Express made the following purchases of Fishe's CDs. Oct. 3 2,500 @ $8 Oct. 9 3,500 @ $9 Oct. 19 3,000 @ $10 Oct. 25 4,000 @ $11 During October, 10,900 units were sold. Express uses a periodic inventory system. Determine the cost...
Bridgeport Distribution markets CDs of the performing artist
Fishe./ At the beginning/ of October, Bridgeport /had in beginning
inventory 2,400 of Fish/e’s CDs with a u/nit cost of $6. During
Oct/o/ber, Bridgeport mad/e the foll/owing purchases of Fishe’s
CDs.
Cost of goods available for sale
$ 149400
Weighted average cost per unit
$ 8.3
Determin/e (1) the ending inventory and (2) the cost of goo./ds
sold under ea/ch of the/ /assumed cost flow /methods (FIFO, LIFO,
and average-cost). Prove the...
Problem 6-02A a, b1-b2, с (Video) Coronado Distribution markets CDs of the performing artist Unique. At the beginning of October, Coronado had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Coronado made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 9 3,500 @ $7 Oct. 19 Oct. 25 3,000 @ $8 4,000 @ $9 During October, 10,700 units were sold. Coronado uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-b2, с (Video) Crane Distribution markets CDs of the performing artist Unique. At the beginning of October, Crane had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Crane made the following purchases of Unique's CDs. Oct. 3 2,500 @ $6 Oct. 9 3,500 @ $7 Oct. 19 3,000 @ $8 Oct. 25 4,000 @ $9 During October, 10,900 units were sold. Crane uses a periodic inventory system. Determine the cost...
Problem 6-02A a, b1-62, < (Video) Sunland Distribution markets CDs of the performing artist Unique. At the beginning of October, Sunland had in beginning inventory 2,000 of Unique's CDs with a unit cost of $5. During October, Sunland made the following purchases of Unique's CDs. Oct. 3 2,500 $6 Oct. 192,000 $8 Oct. 93,500 $7 Oct. 254,000 $9 During October 10,750 units were sold. Sunland uses a periodic Inventory system. Determine the cost of goods available for sale. Cost of...
CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Problem 13-4 (Part Level Submission) Culver Company prepares monthly cash budgets. Relevant data from operating budgets for 2017 are as follows: Sales Direct materials purchases Direct labor Manufacturing overhead Selling and administrative expenses January $410,400 136,800 102,600 79,800 90,060 February $456,000 142,500 114,000 85,500 96,900 All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the...
Problem 6-02A a, b1-b2, c (Video)
Lily Distribution markets CDs of the performing artist Unique. At
the beginning of October, Lily had in beginning inventory 2,000 of
Unique’s CDs with a unit cost of $7. During October, Lily made the
following purchases of Unique’s CDs.
Oct. 3
2,500
@
$8
Oct. 19
3,000
@
$10
Oct. 9
3,500
@
$9
Oct. 25
4,000
@
$11
During October, 10,750 units were sold. Lily uses a periodic
inventory system.
Your answer is...
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