Question

Im Problemit - Brod insert Page Layout Formulas Data Review View Help e search Share 2 Met Center 13 Beginning inventory 60 cost $1.500 Purchase 12010 80 000 50 s old 35.000 Place 100 000 60 x 55.000 30 do 5000 100 2 00 60 5 5 260 Sa 80s sold 52 Purchase 180 000 90 5250 Haywed March? 2 What was to w indows March? 1 Www cost of mechanis c h What was for the month of Me How many units are in inventory at the end of March? What is the w o nding to the Man How many were so April? 5/16 5/21 What was to comechani ? What was proto the month of April? How many w a y the end of A What is the dig o the end of April DIRECTIONS 1 Complete the cost and on the FUO tab below Complete the cost and on the UFO U Answer the questions to the w on the page FO O F 3 How many were sold May What was to della May What was total cost of merchandise sold in May What was spot for the month of May How many to the end of May What is the value of ending story at the end of May Comed sestions nogrid woord Type here to search ASUS

Answer 1

A D 14 15 FIFO LIFO 5 How many units are in the inventory at the end of the March? 16 50 50 $90,000.00 $ 6 Value of ending Inventory at t he end of the March? 17 75,000.00 18 5 How many units are in the inventory at the end of the April? 160 160 19 $3,40,000.00 $3,15,000.00 6 Value of ending Inventory at t he end of the April? 20 21 $12,07,500.00 $12,07,500.00 2 Total Sales in dollars in May? 22 $ 5,08,000.00 $ 5,01,000.00 $ 6,99,500.00 $ 7,06,500.00 3 Total Cost of Merchandise sold? 23 4 Gross Profit for the Month of May? 24 LC LC

А B 14 15 FIFO LIFO the March? How many units are in the inventory at the end 16 5 50 50 Value of ending Inventory at t he end of the March? 90000 17 6 75000 18 How many units are in the inventory at the end of the April? 195 C16+200-90 D16+200-90 60*2000)+(100*2200) =(50*1500)+(10*2000)+(100* 2200) Value of ending Inventory at t he end of the April? 20 6 21 60*5250)+(80*5250)+(90*5250)=(60*5250)+(80*5250)+(90*5250) Total Sales in dollars in May? 22 2 (60*2200)+(40*2200)+(10*2000)+(30*1500)+(90*2400) Total Cost of Merchandise sold? 23 3 508000 Gross Profit for the Month of May? 24 4 EC22-C23 =D22-D23 25

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