| Cost of units sold: | ||
| From March 6 purchase | 644 | =23*28 |
| From March 2 purchase | 729 | =27*27 |
| From March 1 inventory | 52 | =(52-23-27)*26 |
| Cost of units sold | 1425 | |
| Option C $1,425 is correct |
A company had 22 units of invertory at a cost of $26 each on March 1....
A company had beginning inventory of 11 units at a cost of $17 each on March 1. On March 2, it purchased 11 units at $28 each. On March 6 it purchased 5 units at $22 each. On March 8, it sold 26 units for $65 each. Using the FIFO perpetual inventory method, what was the cost of the 26 units sold?
A company had inventory on November 1 of 5 units at a cost of $21 each. On November 2, they purchased 11 units at $23 each. On November 6 they purchased 7 units at $26 each. On November 8, 10 units were sold for $56 each. Using the perpetual LIFO inventory method, what was the value of the inventory on November 8 after the sale? Ο Ο Ο Ο Ο < Prev 12 of 47 !!! Next >
A company had inventory on November 1 of 5 units at a cost of $17 each. On November 2, they purchased 12 units at $19 each. On November 6 they purchased 8 units at $22 each. On November 8, 12 units were sold for $52 each. Using the LIFO perpetual inventory method, what was the value of the inventory on November 8 after the sale? Multiple Choice Ο $237 Ο $309 Ο $230 Ο $254 Ο $242
A company had beginning inventory of 12 units at a cost of $24 each on March 1. On March 2, it purchased 12 units at $42 each. On March 6 it purchased 7 units at $29 each. On March 8, it sold 28 units for $72 each. Using the FIFO perpetual inventory method, what was the cost of the 28 units sold? $995 $744 $908 $792 $812
march 1 (100 units, $ 50 each )
march 5 (400 units,$55 each)
march 18 ( 120 units,$50 each)
march 25 ( 200 units, $62 each )
this is the only other information that i have
1 2. 3 14 1 5 6 7 100 19 10 11 12. 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28. 129 30 1 tableau 1. Compute the cost assigned to ending inventory using FIFO. 2....
Help Save & Exit Submit A company had beginning inventory of 12 units at a cost of $18 each on March 1. On March 2. it purchased 12 units at $30 each. On March 6 lt purchased 7 units at $23 each. On March 8, it sold 28 units for $66 each. Using the perpetual FIFO inventory method, what was the cost of the 28 units sold? Multiple Choice O $558 O $668 o $576 o $644 O $737 <...
March 1 Beginning inventory = 30 units @ $5.20 March 3 Purchased 14 units @ 3.90 March 9 Sold 26 units @ 8.50 What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $135.
21 A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6 they purchased 6 units at $25 each. On November 8, 8 units were sold for $55 each. Using the LIFO perpetual inventory method, what was the value of the Inventory on November 8 after the sale?
the had 270 units of inventory at a cost of $154 each on March 1 On March 5. the comany purchased 470 units of inventory for each on March 521 each On March 20.540 units were sold. Given this information, determine the cost of the 540 units sold using the weighted average periode into o ntound the answer to nearest dollar amount) your O 564949 O 594791 O $72,380 O $70.380 590701
Sanfillipo, Inc., had 800 units of inventory on hand at March 1, 2013, costing $20 each. Purchases and sales of inventory during the month of March were as follows 2. Date March 8 15 Sales 600 units Purchases 400 units a $22 each 400 units a $24 each 27 400 units Sanfillipo uses the periodic inventory system. According to a physical count, 600 units were on hand at the end of March. Calculate the cost of inventory at the end...