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1) 2) if anyone could work these two seprate problems out and explain. it would save my life. Tab Window Help RO marks People CANOWAR

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if anyone could work these two seprate problems out and explain. it would save my life.
Tab Window Help RO marks People CANOWAR Oeline les Question 11 Points Save On : * TignmenttakeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress-BULLER Cornerstone Exercise 6-24 (Algorithmic) Inventory Conting: Average cost Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units 510 - $1,500 9 Purchase 200 units 512 - $2,400 14 Set 300 units 325 22 Purchase 2 250 units 51453,500 29 Sale 2 236 units $25 Assume that Bordeaux uses a perpetual inventory system Required: Cicle the cost of goods sold and the cost of ending intory using the average cost method. (Note Round per unit and final answers to two decim Cost of los sold Cost of ending lovestory M MacBook Air U 20 2 200 og 14 FE ne 13 FS F 17 $ % A & n.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Cornerstone Exercise 6-30 (Algorithmic) Inventory Costing Methods: Periodic FIFO (Appendix 6B) Filimonov Inc. has the following information related to purchases and sales of one of its inventory items: Date Description Units Purchased at Cost Units Sold at Retail June 1 Beginning Inventory 150 units @ $10 = $1,500 Purchase 1 200 units @ $12 = $2,400 14 Sale 1 300 units @ $25 22 Purchase 2 250 units @ $16 - $4,000 Sale 2 225 units @ $25 Assume that Filimonov uses a periodic inventory system. 9 29 Required: Calculate the cost of goods sold and the cost of ending inventory using the FIFO inventory costing method. Cost of goods sold S Cost of ending inventory S

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