Answer Happy

Posted: **Tue Nov 16, 2021 8:48 am**

: Question 4 5 P Khemlani Mart Uses The Periodic Inventory System And Has The Following Records Units Unit Cost Inventory 1 (23.14 KiB) Viewed 110 times

: Question 4 5 P Khemlani Mart Uses The Periodic Inventory System And Has The Following Records Units Unit Cost Inventory 2 (21.74 KiB) Viewed 110 times

QUESTION 4 5 p Khemlani Mart uses the periodic inventory system and has the following records: Units Unit cost Inventory, Jan 1 8,000 $11 Purchase, June 19 13,000 $12 Purchase, Nov. 8 5,000 $13 26,000 if 9,000 units are on hand on December 31, what is the cost of the goods sold under average? Round the cost per unit to four decimal places $106,962 $107,000 $108,000 $202, 038

QUESTIONS Khemlani Mart uses the periodic inventory system and has the following records: Units Unit cost Inventory, Jan 1 Purchase, June 19 Purchase, Nov. 8 8,000 13,000 5,000 26,000 $11 $12 $13 On December 31, the ending inventory under FIFO is: 5100,000 $100,000 $113,000 $177,000