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1 Part 1 of 3 Required information [The following information applies to the questions displayed below.) The following are the transactions for the month of

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1 Part 1 of 3 Required information [The following information applies to the questions displayed below.) The following are the transactions for the month of July. Units Unit Cost July 1 Beginning Inventory Unit Selling Price 43 $10 July 13 Purchase 215 11 July 25 Sold (100) $14 July 31 Ending Inventory 158 12 points eBook Print Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) FIFO (Periodic) Units Cost per Unit Total 43 $ 10.00 $ 430 215$ 11.00 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Units from Beginning Inventory Units from July 13 Purchase 2,365 2,795 43 $ 10.00 33 S 11.00 2 Part 2 of 3 Required information [The following information applies to the questions displayed below) The following are the transactions for the month of July. Units Unit Cost Unit Selling Price July 1 Beginning Inventory $10 July 13 Purchase 215 11 July 25 Sold (100) $14 July 31 Ending Inventory 158 12 points Skipped eBook Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic Inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Print LIFO (Periodic) Cost per Units Total Unit Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Sowed Help Save 3 Required information The following information applies to the questions displayed below.) The following are the transactions for the month of July Part 3 of 3 Units Unit Coat Unit Selling Price $10 12 points July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory 11 215 (100) 158 $14 eBook Print Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Weighted Average (Periodic) Units Cost per Unit Total Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Saved Help Save & 4 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January. Sales totaled 280 units. Date Units Unit Cost Total Cost Beginning Inventory January 1 220 $ 90 $19,800 Purchase January 15 480 100 48,000 Purchase January 24 200 120 24,000 Ints cBook Print Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory. 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO. () LIFO, and (c) weighted average cost methods. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number and cost of goods available for sale. units Number of Goods Available for Sale Cost of Goods Available for Sale Required 2 > 4 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January. Sales totaled 280 units. 13 points Beginning Inventory Purchase Purchase Date January 1 January 15 January 24 Units Unit Cost Total Cost 220 $ 90 $19,800 480 100 48,000 200 120 24,000 eBook Print Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO. (B) LIFO, and (c) weighted average cost methods. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number of units in ending Inventory. Ending Inventory units 4 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January, Sales totaled 280 units. 3 points Beginning Inventory Purchase Purchase Date January 1 January 15 January 24 Units Unit Cost Total Cost 220 $ 90 $19,800 480 100 48,000 120 24,000 200 eBook Print Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO. (b) LIFO, and (c) weighted average cost methods. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. Cost of Ending Inventory Cost of Goods Sold FIFO LIFO Weighted Average Cost

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