Robinson SA was formed on December 1, 2021. The following information is available from Robinson's inventory records for
Posted: Mon May 30, 2022 6:56 am
A physical inventory on March 31, 2022, shows 1,650 units on hand. Assuming Robinson uses a periodic system. Prepare schedule to compute the ending inventory at March 31, 2022, under Specific identification method. Assume that 470 units from the beginning inventory are on hand and 1,180 units from the January 5 purchase are on hand. ROBINSON SA COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER SPECIFIC IDENTIFICATION INVENTORY METHOD March 31, 2022 Units Unit Cost Total Cost $ eTextbook and Medial $ Que Acco Qu- Acco Qu Acco Qu Acc QL Acc Vi 6 Ac Ac