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 300 units. 13 points Date January 1 January 15 January 24 Beginning Inventory Purchase Purchase $ 80 Units Unit Cost Total Cost 220 $17,600 310 90 27,900 270 110 29,700 eBook 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 Print 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, Number of Goods Available for Sale Cost of Goods Available for Sale units 800 $ 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 300 units. 3 points Beginning Inventory Purchase Purchase Date January 1 January 15 January 24 Units Unit Cost Total Cost 220 $ 80 $17,600 310 90 27,900 270 110 29,700 eBook 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 (0) FIFO. (6) LIFO, and (c) weighted average cost methods. Print 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 Chapter 7 Homework 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 300 units. Date January 1 January 15 January 24 Beginning Inventory Purchase Purchase Units Unit Cost Total Cost 220 $ 80 $17,600 310 90 27,900 270 29,700 13 points 110 eBook 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 (0) FIFO, (b) LIFO, and (c) weighted average cost methods. Print Complete this question by entering your answers in the tabs below. Required: 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 Required methods. Cost of Goods Cost of Ending Inventory Sold FIFO LIFO Weighted Average Cost
