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1. facts Unit cost quantity value Inventory at beginning purchases purchases purchases Final inventory 600 900 1000 800 700 12.00 12.90 12.50 12.70 $7,200 $11,610
1. facts Unit cost quantity value Inventory at beginning purchases purchases purchases Final inventory 600 900 1000 800 700 12.00 12.90 12.50 12.70 $7,200 $11,610 $12,500 $10,160 Calculate the value of the Inventory. Use the Fifo, LiFo and Weighted Average methods. FI-FO quantity unit cost LI-FO value quantity Unit cost value WA 2. Determine the cost of what is sold. Inventory at the beginning $ 5000. Purchases for $ 60,000 Inventory at the end $ 4,000. Sales during the period $ 90,000 3. PURA Corp Purchased a donut machine for $ 5,900 with a manufacturing capacity of 200,000 units. In the first year it produced 38,000 donuts, 36,000 donuts the second year, and 46,000 in the third year. Use the production units method; calculate the inventory cost
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