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4 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) Laker Company reported the following

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4 Required information Use the following information for the Exercises below. (The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product eBook Units sold at Date Activities Units Aequired at Cost Retail Jan. 1 Beginning inventory 140 unitse $6.00 - $ 140 Jan. 10 Sales 100 unita $15 Jan. 20 Purchase 60 units # $5.00 - 300 Jan. 25 Sales 80 unitse $15 Jan. 30 Purchase 180 units $4.50 - 810 Totals 380 units $1,950 180 units eferences Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic Inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification, (b) weighted average. (FIFO, and (LIFO. Complete this questions by entering your answers in the below tabs. Specific Id Weighted FIFO Average LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific Identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. 4 Required information 2 points Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification () weighted average. (FIFO, and ( LIFO. Stoped Complete this questions by entering your answers in the below tabs. Book Specific la Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Print -) Specific Identification Cost of Goods Sold Cost of Goods Available for Sale of units Cost per Available for Cost of Goods Sale of units Cost per sold unit Cost of Goods Sold Ending Inventory # of units in ending Cost Ending Inventory per unit Inventory References Beginning inventory Purchases Jan 20 Jan. 30 Total 0 $ 0 0 0 $ 0 Spelle Weighted Average > 4 Exercise 5-5A Periodic: Inventory costing LO P3 2 points Skipped Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification () weighted average. (FIFO, and (c) LIFO. Complete this questions by entering your answers in the below tabs. Boo 0 Hint Part Specific la Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) b) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Average Cost of Goods of units Average # of units Cost per Available for Cost of of units Average Cost per sold Cost Ending In ending unit Sale Goods Sold Unit Inventory per unit Inventory Beginning inventory Purchases: Jan. 20 Jan. 30 Total 0 $ 0 $ $ 0 References Exercise 5-5A Periodic: Inventory costing LO P3 oints Skipped Required: The Company uses a periodic inventory system. For specific Identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (o) specific identification. () weighted average. (FIFO, and (c) LIFO. Complete this questions by entering your answers in the below tabs. eBook Print Specific to Weighted Average FIFO LIFO Determine the cost assigned to ending Inventory and to cost of goods sold using Firo. c) FIFO Cost of Goods Available for Sale Cost of Goods Sold Cost of Goods Cost per of units of units Cost per Available for Cost of unit sold unit Sale Goods Sold Beginning inventory Purchases Ending Inventory # of units Cost Ending in ending Inventory per unit Inventory References Jan. 20 Jan. 30 Total 0 $ 0 $ 0 $ 0 Exercise 5-5A Periodic: Inventory costing LO P3 Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 200 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 15 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using (o) specific identification. () weighted average. () FIFO, and ( LIFO. Complete this questions by entering your answers in the below tabs. ok 10 - Specific ld Weighted Average FIFO UFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. d) LIFO Cost of Goods Available for Sale Cost of Goods Sold of units Cost per Available for Wof units Cost per Cost of Sale sold unit Goods Sold Beginning inventory Purchases: Jan. 20 Jan. 30 Total $ 0 $ Ending Inventory of units Cost in ending Ending Inventory per unit Inventory 0 0 0 $ 0

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