Pina Company sells one product. Presented below is information for January for Pina Company. Jan. 1...
Bramble Company sells one product. Presented below is information for January for Bramble Company. Jan. 1 4 11 Inventory Sale Purchase Sale Purchase Sale 114 units at $5 each 89 units at $8 each 156 units at $7 each 126 units at $9 each 158 units at $7 each 103 units at $11 each 13 20 27 Bramble uses the FIFO cost flow assumption. All purchases and sales are on account. (a) Your answer is correct. Assume Bramble uses a...
Metlock Company sells one product. Presented below is information for January for Metlock Company. Jan. 1 Inventory 4 Sale 11 Purchase 13 Sale 20 Purchase 27 Sale 110 units at $5 each 87 units at $8 each 156 units at $6 each 126 units at $9 each 155 units at $6 each 99 units at $10 each Metlock uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Metlock uses a periodic system. Prepare all necessary...
Exercise B-09 Nash Company sells one product. Presented below is information for January for Nash Company, Jan. 1 Inventory 102 units at $5 each 4 Sale 81 units at $8 each 11 Purchase 158 units at $6 each 13 Sale 126 units at $9 each 20 Purchase 152 units at $6 each 27 Sale 98 units at $10 each Nash uses the FIFO cost flow assumption. All purchases and sales are an account. Your answer is correct. Assume Nash uses...
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...
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...
Splish Company sells one product. Presented below is information for January for Splish Company. Jan. 1 Inventory 124 units at $4 each 4 Sale 100 units at $8 each 11 Purchase 162 units at $7 each 13 Sale 134 units at $9 each 20 Purchase 151 units at $7 each 27 Sale 96 units at $11 each Splish uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Splish uses a periodic system. Prepare all necessary...
Marigold Company sells one product. Presented below is information for January for Marigold Company. Jan. 1 4 Inventory Sale Purchase 11 104 units at $5 each 79 units at $8 each 145 units at $6 each 115 units at $9 each 162 units at $6 each 107 units at $10 each 13 20 27 Sale Purchase Sale Marigold uses the FIFO cost flow assumption. All purchases and sales are on account. Assume Marigold uses a periodic system. Prepare all necessary...
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...
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...
Coronado Company sells one product. Presented below is information for January for Coronado Company. Jan. 1 Inventory 104 units at $5 each 4 Sale 79 units at $8 each 11 Purchase 145 units at $6 each 13 Sale 115 units at $9 each 20 Purchase 162 units at $6 each 27 Sale 107 units at $10 each Coronado uses the FIFO cost flow assumption. All purchases and sales are on account. (a) Assume Coronado uses a periodic system. Prepare all...