Hele System Announcements Date Exercise 6-os (Part Level Submission) Flounder Corp. uses a periodic Inventory system....
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...
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...
Exercise 6-05 Pina Colada Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 79 units were sold. Date Units Unit Cost May 1 Explanation Inventory Purchase 30 Total Cost $270 250 25 15 24 Purchase 45 11 495 Total 100 $1,015 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods....
Exercise 6-09 a1,a2, b (Part Level Submission) 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) Your answer is correct. 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 SHOW...
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...
Grouper Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 68 units were sold Date Explanation Units Unit Cost Total Cost $324 May 1 Inventory $9 15 Purchase 2210220 Purchase 42 11 462 Total $1,006 Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost $ Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to...
Riverbed Corp uses a periodic inventory system. Its records show the following for the month of May, in which 75 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 34 $8 $272 15 Purchase 26 9 234 24 Purchase 40 10 400 Total 100 $906 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round...
Headlands Industries uses a periodic inventory system. Its records show the following for the month of May, in which 77 units were sold. Date Explanation Units Unit Cost Total Cost May 1 Inventory 34 $10 $340 15 Purchase 26 11 286 24 Purchase 40 12 480 Total 100 $1,106 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $Enter the Weighted-average unit cost in dollars LINK TO TEXT LINK TO VIDEO Calculate the...
Olca Exercise 6-16 (Part Level Submission) Bufford Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was 3 sets at $600 each. On January 10, Bufford purchased 6 units at $660 each. The company sold 2 units on January 8 and 4 units on January 15. v (a) Your answer is correct. Compute the ending inventory under FIFO. (Round answer to 0 decimal places, e.g. 1,250.) O LO L 00 Old Slui. FIFO The...
Exercise 6-07 a-c (Part Level Submission) Crane Company uses a periodic system reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 250 $7 $ 1,750 12 Purchase 400 8 3,200 23 Purchase 350 9 3,150 30 Inventory 150 (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 $ $ Click if...