X6 ACME Distribution Inc. (ADI) had the following inventory activity during June, 2022: Units Unit Cost Total Cost $10.0
Posted: Fri Jul 01, 2022 8:30 am
X6 ACME Distribution Inc. (ADI) had the following inventory activity during June, 2022: Units Unit Cost Total Cost $10.00 $8,000 11.00 15,400 Beginning inventory 800 Purchase: June 6 1,400 1,500 Sale: June 11 Purchase: June 17 Sale: June 24 900 500 10.50 9,450 Required: Answer the following questions: If ADI is using a perpetual system and the FIFO cost formula, what is the value of the ending inventory? $ If ADI is using a perpetual system and the FIFO cost formula, what is the cost of goods sold for the entire month? $ Cost of Goods sold for the entire month: $ Time left 1:43:30 If ADI is using a perpetual system and the weighted-average cost formula use the table below to determine the determine the following: Ending Inventory: # Units Unit $Cost Total $Cost Multiple Choice 2 3 4 Problems 7 6 15 4 16 8 5 Finish attempt... 9
XE Required: Answer the following questions: If ADI is using a perpetual system and the FIFO cost formula, what is the value of the ending inventory? $ If ADI is using a perpetual system and the FIFO cost formula, what is the cost of goods sold for the entire month? $ If ADI is using a perpetual system and the weighted-average cost formula use the table below to determine the determine the following: Ending Inventory: Cost of Goods sold for the entire month: $ + ÷ ( ◆ Time left 1:43:15 # Units Unit $Cost Total $Cost $ $ Finish allempt...