Assignments: ACCT 1 X WP HOMEWORK CH 6- com/was/ui/v2/assessment-player/index.html?launchid=d8d339ee-2a28-4fba-b60a-0716
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Assignments: ACCT 1 X WP HOMEWORK CH 6- com/was/ui/v2/assessment-player/index.html?launchid=d8d339ee-2a28-4fba-b60a-0716
question/4 ADED Question 5 of 8 Date June 1 Bridgeport Ltd. reports the following inventory transactions in a periodic inventory system for the month of June. A count determined that 1,500 units were on hand at the end of the month. 12 16 23 f3 Explanation Beginning inventory Purchases Purchases Purchases > Cost of the ending inventory $ Cost of goods sold 14 f5 Units Units Cost $4 $ 1,430 2,400 4,530 1,440 FIFO 16 77 Determine the cost of the ending inventory and cost of goods sold using (1) FIFO and (2) average cost. (Round FIFO a nearest whole dollar, e.g. 5,275 and Average cost answers to 2 decimal places, e.g. 15.25. Round unit cost to 6 decimal place 43830 460522 5 f7 6 7 W HOMEWORK CH 8 - X 4+ Total Cost $ $5,720 $ 12,000 27,180 10,080 f8 WP HOMEWORK CH 9 - X Average fg 11,840 9618 IAA ho DII f11
Assignments: ACCT 1 X WP HOMEWORK CH 6- com/was/ui/v2/assessment-player/index.html?launchid=d8d339ee-2a28-4fba-b60a-0716d3d1bdf1#/