Answer Happy

QS 6-6 Inventory costing methods-perpetual L02 A company had the following beginning inventory and purchases during January for a particular item. On January 28, 345 units were sold. What is the cost of the 140 units that remain in the ending inventory, assuming the following? a. FIFO b. Moving weighted average Round numbers to the nearest cent. Assume a perpetual inventory system. Beginning inventory on January 1 Purchase on January 9. Purchase on January 25 Total available for sale Units Unit Cost Total Cost 310 $3.00 $ 930.00 75 3.20 240.00 100 3.35 335.00 485 $1,505.00
. QS 6-7 Specific Identification Inventory method L02 Refer to the information in QS 6-6. Recall that 345 units were sold on January 28. The units specifically sold were: 250 units from beginning inventory 50 units from the January 9 purchase • 45 units from the purchase on January 25 Calculate cost of goods sold and the cost of ending inventory. OS 6-8 Inventarierten