Susan Company Reports the following for the month of June
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Yount Company reports the following for the month of June:
Yount Company reports the following for the month of June:Date Explanation Units Unit Cost Total CostJune 1 Inventory 200 $5 $1,000June 12 Purchases 300 6 1,800June 23 Purchases 500 7 3,500June 30 Inventory 120Incorrect.Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO.
Bramble Company reports the following for the month of June.
Bramble Company reports the following for the month of June.Assume a sale of 500 units occurred on June 15 for a selling price of $12 and a sale of 450 units on June 27 for $13 .a1.Calculate cost of goods available for sale.The cost of goods available for salea2.Calculate Moving-Average unit cost for June 1,12,15,23 & 27,
XYZ Company reports the following inventory data for the month of June. &nbs
XYZ Company reports the following inventory data for the month of June. June 1 June 30 Direct materials $ 50.00 $ 80.00 Work in process $140.00 $180.00 Finished goods $240.00 $250.00 Direct materials purchased $140.00 Indirect costs of production $180.00 Direct costs of production $220.00 Selling and administrative costs $210.00 Answer the following questions about XYZ Company for the month of June: a) What was the total manufacturing cost (product cost) incurred in June? $ b) What was the...
Company reports the following for the month of June. Compute/ the cost of the ending inventory...
Company reports the following for the month of June.
Compute/ the cost of the ending inventory and /the cost of goods
sold under FIFO/ and LIFO.
Units 200 400 Unit Cost $3 June 1 Inventory 12 Purchase 23 Purchase 30 Inventory Total Cost $ 600 2,800 3,000 300 100 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ " Cost of goods sold...
Sheffield Company reports the following for the month of June. Units Unit Cost Total Cost June...
Sheffield Company reports the following for the month of
June.
Units
Unit Cost
Total Cost
June 1
Inventory
210
$8
$ 1,680
12
Purchase
430
9
3,870
23
Purchase
360
10
3,600
30
Inventory
200
(a1)
Calulate Weighted Average Unit Cost. (Round answer to 2
decimal places, e.g. 15.25.)
Weighted Average Unit Cost
$
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Kaleta Company uses the perpetual inventory system and reports the following for the month of June....
Kaleta Company uses the perpetual inventory system and reports
the following for the month of June.
Date
Explanation
Units
Unit Cost
Total Cost
June 1
Inventory
200
$5
$1,000
12
Purchase
400
6
2,400
23
Purchase
300
7
2,100
30
Inventory
100
Assume a sale of 440 units occurred on June 15 for a selling price
of $8 and a sale of 360 units on June 27 for $9.
Calculate the cost of the ending inventory and the cost of...
Pharoah Company uses a periodic inventory system and reports the following for the month of June.
Pharoah Company uses a periodic inventory system and reports the following for the month of June.DateExplanationUnitsUnit CostTotal CostJune 1Inventory120$5$ 60012Purchase33061,98023Purchase20071,40030Inventory204
Waterway Company uses a periodic system reports the following for the month of June. Unit Cost...
Waterway Company uses a periodic system reports the following for the month of June. Unit Cost $7 8 June 1 12 23 30 Units 300 300 420 310 110 Inventory Purchase Purchase Inventory Total Cost $ 2,100 3,360 2,790 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory Cost of goods sold
Bonita Company reports the following for the month of June. Date Explanation Units Unit Cost Total...
Bonita Company reports the following for the month of
June.
Date
Explanation
Units
Unit Cost
Total Cost
June 1
Inventory
200
$3
$600
12
Purchase
400
6
2,400
23
Purchase
400
7
2,800
30
Inventory
50
Assume a sale of 500 units occurred on June 15 for a selling price
of $8 and a sale of 450 units on June 27 for $9.
Your answer is correct.
Calculate cost of goods available for sale.
The cost of goods available for...
Issignment ACES tice Exercise ZIT Pronghorn Company reports the following for the month of June. Date...
Issignment ACES tice Exercise ZIT Pronghorn Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost tudy June 1 12 23 30 Inventory Purchase Purchase Inventory 360 840 1,200 448 $2,160 5,880 9,600 8 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost final answers to 0 decimal places, e.g. 2,520.) Car piace e.. 220. FIFO LIFO AVERAGE COST Ending inventory Cost of goods...
Company reports the following for the month of June.
Compute/ the cost of the ending inventory and /the cost of goods
sold under FIFO/ and LIFO.
Units 200 400 Unit Cost $3 June 1 Inventory 12 Purchase 23 Purchase 30 Inventory Total Cost $ 600 2,800 3,000 300 100 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory $ " Cost of goods sold...
Sheffield Company reports the following for the month of
June.
Units
Unit Cost
Total Cost
June 1
Inventory
210
$8
$ 1,680
12
Purchase
430
9
3,870
23
Purchase
360
10
3,600
30
Inventory
200
(a1)
Calulate Weighted Average Unit Cost. (Round answer to 2
decimal places, e.g. 15.25.)
Weighted Average Unit Cost
$
Click if you would like to
Show Work for this question:
Open Show Work
LINK TO TEXT
Attempts: 0 of 3 used
SAVE FOR LATER
SUBMIT...
Kaleta Company uses the perpetual inventory system and reports
the following for the month of June.
Date
Explanation
Units
Unit Cost
Total Cost
June 1
Inventory
200
$5
$1,000
12
Purchase
400
6
2,400
23
Purchase
300
7
2,100
30
Inventory
100
Assume a sale of 440 units occurred on June 15 for a selling price
of $8 and a sale of 360 units on June 27 for $9.
Calculate the cost of the ending inventory and the cost of...
Waterway Company uses a periodic system reports the following for the month of June. Unit Cost $7 8 June 1 12 23 30 Units 300 300 420 310 110 Inventory Purchase Purchase Inventory Total Cost $ 2,100 3,360 2,790 (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory Cost of goods sold
Bonita Company reports the following for the month of
June.
Date
Explanation
Units
Unit Cost
Total Cost
June 1
Inventory
200
$3
$600
12
Purchase
400
6
2,400
23
Purchase
400
7
2,800
30
Inventory
50
Assume a sale of 500 units occurred on June 15 for a selling price
of $8 and a sale of 450 units on June 27 for $9.
Your answer is correct.
Calculate cost of goods available for sale.
The cost of goods available for...
Issignment ACES tice Exercise ZIT Pronghorn Company reports the following for the month of June. Date Explanation Units Unit Cost Total Cost tudy June 1 12 23 30 Inventory Purchase Purchase Inventory 360 840 1,200 448 $2,160 5,880 9,600 8 Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average cost final answers to 0 decimal places, e.g. 2,520.) Car piace e.. 220. FIFO LIFO AVERAGE COST Ending inventory Cost of goods...
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