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% 4304005 Arju... 4309471 Gur... 4306160 Rag... Ir-Class Racigemart Chapter? Regimensionario iny Model - Word Talent what you want to do wegs View Help -
% 4304005 Arju... 4309471 Gur... 4306160 Rag... Ir-Class Racigemart Chapter? Regimensionario iny Model - Word Talent what you want to do wegs View Help - AA AaBbcd AaBbc ABC ABCd AaBbce AaBbc Aalbcd Anabel dolce sauce Emphasis Heading 1 1 Normal Strong Subtitle Title 1 No Space State Em Intense Que Paragraph Sales In-Class Assignment-Chapter 7 Tale Company uses a perpetual inventory system and had the following beginning inventory and purchases during January, 2011: Date Jani Jan 16 Jan20 Total Inventory Purchase Purchase Units 300 200 300 800 Unit Cost $14 $15 $16 Total Cost 4,200 3,000 4.800 12.000 Sales of units were as follows (all on credit): Jan 15 Jan28 Total units sold 200 Units 460 Units 660 $30 @$35 Required: 1. Calculate the ending inventory and the cost of goods sold under a perpetual inventory system by applying each of the four different methods of inventory costing FIFO Moving weighted average Required 1) Ending inventory 2) COGS 3) Gross Margin 4) Entries for inventory purchase and Sales
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