Pab Assume that J. Tre Store completed the following perpetual inventory transactions for a ne of tree Read the reta cap

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Pab Assume That J Tre Store Completed The Following Perpetual Inventory Transactions For A Ne Of Tree Read The Reta Cap 1 (47.57 KiB) Viewed 4 times

Pab Assume That J Tre Store Completed The Following Perpetual Inventory Transactions For A Ne Of Tree Read The Reta Cap 2 (59.51 KiB) Viewed 4 times

Pab Assume That J Tre Store Completed The Following Perpetual Inventory Transactions For A Ne Of Tree Read The Reta Cap 3 (59.51 KiB) Viewed 4 times

Pab Assume That J Tre Store Completed The Following Perpetual Inventory Transactions For A Ne Of Tree Read The Reta Cap 4 (43.95 KiB) Viewed 4 times

Pab Assume that J. Tre Store completed the following perpetual inventory transactions for a ne of tree Read the reta caps lock Requirement 1. Compute cost of goods sold and gross profit using the FIFO inventory costing the Begin by computing the cost of goods sold and cost of ending merchandise invertory wing the FIFO mentory ng method Enter the transactions in dnogal order Once all of the transactions have been andered into the perpetul contulate the quantity and tal cost of merchandise inventary purthal and on hand Purchases Cost of Goods Sold Inventory on Hand Un Quantity Col Date Oct 11 21 26 29 71 21 s Q 801 A option Total Cost Tut 29 3 2242 Computer proting the FIFO entry co O prof ing the FFQ Help me solve this text pages 821222 N 560 NO 2 W Un Quantity Cost S 145 701 14 rycoding med X 71 45 Get more help. 3 command 20 E 30 as 32 D : Total Cost 000 140 326 2.648 C BER R Unik Total Quarsty Coet Cost 701 1900 701 1960 NOS 500 70 1 NS 701 F 201 281 71 14 1 71 148 71 215 175 17 JAMA T V 82 11, EPG-20 (similar to P2 6 G 140 5,722 134 M Y B 7 H More info U Out Beginning merchandise inventory Out 11 Purchase Oct 23 Sale Oct 24 Purchase Oct 29 11 B N J V Priet HW Score: 87.5%, 26.27 of 30 points Point 2.27 of K M ting new inventory on hand ances are Done 1 O 2 75500 each 14 bm@800 ach 21582 21@30ah Clear all A Final che H C
Requirement 1. Compute cost of goods sold and gross profit using the FIFO inventory costing method. Begin by computing the cost of goods sold and cost of ending merchandise inventory using the FIFO inventory costing meth Once all of the transactions have been entered into the perpetual record, calculate the quantity and total cost of merchandis- Cost of Goods Sold Inventory on Hand Unit Unit Cost Cost Date Oct. 1 11 23 26 29 Purchases Unit Quantity Cost 7 $ 21 $ esc 28 Help me solve this Total Cost 80 $ 560 82 $ 1,722 $ 2,282 Quantity Totals Compute gross profit using the FIFO inventory costing method. Gross profit is using the FIFO inventory costing method. 2 14 $ 14 S 7 $ 4 $ 3 39 Etext pages Get more help. # 70 $ 80 70 $ 80 $ 82 $ Total Cost 4 980 980 560 328 $ 2,848 888 Quantity % 5 28 $ 28 $ 7 $ 14 $ 7 $ 14 $ 7 $ 21 $ 17 $ 17 70 $ 70 $ 80 $ 70 $ 80 $ 70 $ 80 $ 82 $ 82 $ > Total Cost 6 H 1,960 1,960 560 980 560 980 560 1,722 1,394 1,394 MacBook P
Enter the transactions in chronological order, calculating new inventory on hand balances entory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory la More info Oct. 1 Beginning merchandise inventory Oct. 11 Purchase Oct. 23 Sale Oct. 26 Purchase Oct. 29 Sale Print Done 28 tires @ $70 each 7 tires @ $80 each 14 tires@$90 each 21 tires @ $82 each 25 tires @ $90 each Clear all I LL F