Exercise 8-9 (Part Level Submission)
Cullumber Company sells one product. Presented below is
information for January for Cullumber Company.
Jan. 1 | Inventory | 113 | units at $4 each | ||
4 | Sale | 92 | units at $8 each | ||
11 | Purchase | 141 | units at $6 each | ||
13 | Sale | 112 | units at $9 each | ||
20 | Purchase | 154 | units at $7 each | ||
27 | Sale | 93 | units at $11 each |
Cullumber uses the FIFO cost flow assumption. All purchases and
sales are on account.
All purchases and sales are on account. Assume Cullumber uses a perpetual system. Prepare all necessary journal entries.
Exercise 8-9 (Part Level Submission) Cullumber Company sells one product. Presented below is information for January...
help with part d please Exercise 8-9 (Part Level Submission) Cheyenne Company sells one product. Presented below is information for January for Cheyenne Company Jan. 1 Inventory 4 Sale 11 13 Sale 20 27 Sale 118 units at $5 each 93 units at $8 each 165 units at $6 each 136 units at $9 each 163 units at $7 each 104 units at $11 each Purchase Purchase Cheyenne uses the FIFO cost flow assumption. All purchases and sales are on...
Exercise 8-9 Indigo Company sells one product. Presented below is information for January for Indigo Company. Jan. 1 Inventory 101 units at $4 each 4 Sale 80 units at $8 each 11 Purchase 144 units at $6 each 13 Sale 111 units at $9 each 20 Purchase 156 units at $7 each 27 Sale 100 units at $11 each Indigo uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Indigo uses a periodic system. Prepare...
Oriole Company sells one product. Presented below is information for January for Oriole Company. Jan. 1 Inventory 120 units at $5 each 4 Sale 96 units at $8 each 11 Purchase 141 units at $7 each 13 Sale 113 units at $9 each 20 Purchase 160 units at $7 each 27 Sale 104 units at $11 each Oriole uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Oriole uses a periodic system. Prepare all necessary...
Exercise 8-09 Swifty Company sells one product. Presented below is information for January for Swifty Company. Jan. 1 4 11 13 20 27 Inventory Sale Purchase Sale Purchase Sale 103 units at $5 each 82 units at $8 each 82 units 135 units at $7 each 102 units at $9 each 167 units at $7 each 108 units at $11 each Swifty uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Swifty uses a periodic...
Oriole Company sells one product. Presented below is information for January for Oriole Company Jan. 1 Inventory 4 Sale 11 Purchase 13 Sale 20 Purchase 27 Sale 120 units at $5 each 96 units at $8 each 141 units at $7 each 113 units at $9 each 160 units at $7 each 104 units at $11 each Oriole uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Oriole uses a periodic system. Prepare all necessary...
Current Attempt in Progress Oriole Company sells one product. Presented below is information for January for Oriole Company Jan. 1 Inventory 120 units at $5 each 4 Sale 96 units at $8 each 11 Purchase 141 units at $7 each 13 Sale 113 units at $9 each 20 Purchase 160 units at $ each 27 Sale 104 units at $11 each Oriole uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Oriole uses a periodic...
Plese help with the part not filled out. PART C Exercise 8-9 (Part Level Submission) Cheyenne Company sells one product. Presented below is information for January for Cheyenne Company Jan. 1 Inventory 4 Sale 11 13 Sale 20 27 Sale 118 units at $5 each 93 units at $8 each 165 units at $6 each 136 units at $9 each 163 units at $7 each 104 units at $11 each Purchase Purchase Cheyenne uses the FIFO cost flow assumption. All...
Exercise 8-09 Whispering Company sells one product. Presented below is information for January for Whispering Company. Jan. 1 4 11 13 20 27 Inventory Sale Purchase Sale Purchase Sale 111 units at $5 each 90 units at $8 each 159 units at $6 each 130 units at $9 each 149 units at $7 each 85 units at $11 each Whispering uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Whispering uses a periodic system. Prepare...
Exercise 8-9 Cheyenne Company sells one product. Presented below is information for January for Cheyenne Company. Jan. Inventory 103units $5each 4 Sale 20 Purdhase 27 Sale 167 units at $7 each 108 units at 11 eadh Cheyenne uses the FIFO cost flow assumption. All purchases and sales are on account. Your answer is partially correct. Try again. Assume Cheyenne uses a periodic system. Prepare all necessary journal entries, including the end-of-month closing entry to record cost of goods sold. A...
Metlock Company sells one product. Presented below is information for January for Metlock Company. Jan. 1 Inventory 111 units at $5 each 4 Sale 90 units at $8 each 11 Purchase 159 units at $6 each 13 Sale 130 units at $9 each 20 Purchase 149 units at $7 each 27 Sale 85 units at $11 each Metlock uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Metlock uses a perpetual system. Prepare all necessary...