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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

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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 July 1 Beginning Inventory Unit Selling Price 40 $10 July 13 Purchase 200 11 July 25 Sold (180) $14 July 31 Ending Inventory 140 12 points 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) Units Total Cost per Unit $ 10.00 40 $ 400 200 $ 11.00 2,200 2,600 Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Sold Units from Beginning Inventory Units from July 13 Purchase Total Cost of Goods Sold Ending Inventory 0 LIFO (Periodic) Sales Cost of Goods Sold Gross Profit 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 Unit Selling Price 12 points July 1 July 13 July 25 July 31 Beginning Inventory Purchase Sold Ending Inventory Units Unit Cost 40 sie 200 11 (100) 140 $14 Book 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.) Print Weighted Average (Periodic) Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Units Cost per Total Unit 40 s 10.00 $ 400 200 s 11.00 2,200 2,600 240 $ 10.83 2,500 Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit

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