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Exercise 8-11
Swifty Company’s record of transactions for the month of April was
as follows.
Purchases
Sales
April 1
(balance on hand)
420
@
$6.00
April 3
350
@
$10.00
4
1,050
@
6.08
9
980
@
10.00
8
560
@
6.40
11
420
@
11.00
13
840
@
6.50
23
840
@
11.00
21
490
@
6.60
27
630
@
12.00
29
350
@
6.79
3,220
3,710
Assuming that periodic inventory records are kept in units
only, calculate the...
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Exercise 8-11
Sunland Company’s record of transactions for the month of April was
as follows.
Purchases
Sales
April 1
(balance on hand)
1,020
@
$6.00
April 3
850
@
$10.00
4
2,550
@
6.08
9
2,380
@
10.00
8
1,360
@
6.40
11
1,020
@
11.00
13
2,040
@
6.50
23
2,040
@
11.00
21
1,190
@
6.60
27
1,530
@
12.00
29
850
@
6.79
7,820
9,010
Assuming that periodic inventory records are kept in units
only, calculate the...
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Swifty Company’s record of transactions for the month of April
was as follows.
Purchases
Sales
April 1
(balance on hand)
420
@
$6.00
April 3
350
@
$10.00
4
1,050
@
6.08
9
980
@
10.00
8
560
@
6.40
11
420
@
11.00
13
840
@
6.50
23
840
@
11.00
21
490
@
6.60
27
630
@
12.00
29
350
@
6.79
3,220
3,710
Assuming that periodic inventory records are kept in units
only, calculate the average-cost per...
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Exercise 8-11
Kingbird Company’s record of transactions for the month of April
was as follows.
Purchases
Sales
April 1
(balance on hand)
1,500
@
$6.00
April 3
1,250
@
$10.00
4
3,750
@
6.08
9
3,500
@
10.00
8
2,000
@
6.40
11
1,500
@
11.00
13
3,000
@
6.50
23
3,000
@
11.00
21
1,750
@
6.60
27
2,250
@
12.00
29
1,250
@
6.79
11,500
13,250
Assuming that periodic inventory records are kept in units only,, calculate the...
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Exercise 8-11 Culver Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 672 1,680 8 896 0 1,344 784 $6.00 6.08 6.41 6.51 6.61 Sales April 3 560 9 1,568 @ 11 672 23 1,344 2 7 1,008 @ $11.00 11.00 12.00 12.00 13.00 560 6. 79 5 ,152 5,936 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2 decimal places,...
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Bonita Company’s record of transactions for the month of April
was as follows.
Bonita Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 780 @ $6.00 1,950 @ 6.08 1,040 @ 6.40 1,560 @ 6.50 910 @ 6.60 650 @ 6.79 6,890 Sales April 3 650 @ $10.00 9 1,820 @ 10.00 11 780 @ 11.00 23 1,560 @ 11.00 27 1,170 @ 12.00 5,980 Assuming that periodic inventory records are...
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*Exercise 8-11 Culver Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 750 @ $5.00 1,875 @ 5.07 1,000 @ 5.36 1,500 @ 5.56 875 @ 5.66 625 @ 5.86 6,625 Sales April 3 625 @ $11.00 9 1,750 @ 11.00 11 750 @ 12.00 23 1,500 @ 12.00 27 1,125 @ 13.00 5,750 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer...
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Vaughn Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 1,140 @ $6.00 2,850 @ 6.08 1,520 @ 6.40 2,280 @ 6.50 1,330 @ 6.60 950 @ 6.79 10,070 Sales April 3 950 @ $10.00 9 2,660 @ 10.00 11 1,140 @ 11.00 23 2,280 @ 11.00 27 1,710 @ 12.00 8,740 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer to 2...
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Exercise 8-11 Tamarisk Company's record of transactions for the month of April was as follows. Purchases April 1 (balance on hand) 1,200 @ $6.00 3,000 @ 6.08 1,600 @ 6.40 2,400 @ 6.50 1,400 @ 6.60 1,000 @ 6.79 10,600 Sales April 3 1,000 @ $10.00 9 2,800 @ 10.00 11 1,200 @ 11.00 23 2,400 @ 11.00 27 1,800 @ 12.00 9,200 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answert...
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Exercise 8-11 Sheffield Company's record of transactions for the month of April was as follows. Purchases Sales April 1 (balance on hand) 726 @ $6.00 April 3 605 @ $10.00 1,815 @ 6.08 9 1,694 @ 10.00 968 @ 6.40 11 726 @ 11.00 1,452 @ 6.60 23 1,452 @ 11.00 847 @ 6.80 27 1,089 @ 12.00 605 @ 7.00 5,566 6,413 Assuming that periodic inventory records are kept in units only, calculate the average-cost per unit. (Round answer...