question 4 Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales tran
Posted: Fri Jul 01, 2022 8:40 am
question 4
Warnerwoods Company uses a perpetual inventory system. Itentered into the following purchases and sales transactions forMarch.
rev: 05_26_2021_QC_CS-265380, 07_10_2021_QC_CDR-376
3. Compute the cost assigned to endinginventory using (a) FIFO, (b) LIFO,(c) weighted average, and (d) specificidentification. For specific identification, units sold include 140units from beginning inventory, 270 units from the March 5purchase, 120 units from the March 18 purchase, and 160 units fromthe March 25 purchase.
Perpetual FIFO Perpetual LIFO Weighted Average Specific Id
Warnerwoods Company uses a perpetual inventory system. Itentered into the following purchases and sales transactions forMarch.
rev: 05_26_2021_QC_CS-265380, 07_10_2021_QC_CDR-376
3. Compute the cost assigned to endinginventory using (a) FIFO, (b) LIFO,(c) weighted average, and (d) specificidentification. For specific identification, units sold include 140units from beginning inventory, 270 units from the March 5purchase, 120 units from the March 18 purchase, and 160 units fromthe March 25 purchase.
- Question 4 Warnerwoods Company Uses A Perpetual Inventory System It Entered Into The Following Purchases And Sales Tran 1 (4.29 KiB) Viewed 41 times