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All parts please and thank you! Check my won Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies
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Check my won 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 Kik's records show the following for the month of January, Sales totaled 300 units Date units Unit cost Total Cost Beginning inventory January 1 $ 30 $ 17,000 Purchase January 15 310 00 27,900 Purchase January 24 29,700 220 270 110 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 and cost of goods available for sale. units Number of Good Available for Sale Cost of Goods Available for Sale 2 Chy 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 Units Unit cost Total cost Beginning Inventory January 1 S 80 $ 17,000 Purchase January 15 310 90 27.900 Purchase January 24 270 110 29,700 220 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 (FFO) LIFO, and (c) weighted average cost method Complete this question by entering your answers in the tabu balow, Required 1 equired 2 Required 3 Calculate the number of units in ending inventory. Ending Inventory units Red 1 Required 3 > nep Save & EN wuwur Units Beginning Inventory Purchase Purchase Date January 1 January 15 January 24 220 310 270 Unit Cast $ 80 90 110 Total Cost $ 17,000 27.900 29, 700 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, (1) 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 (0) FIFO, (b) UFO, and (c) weighted average cost methods. Cost of Ending Inventory Cost of Goods Sold FIFO LIFO Weighted Average Cost parts please and thank you!
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