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Beginning Inventory, purchases, and sales data for DVD players are as follows: Cost Per Total Cost Unit 39 S 4,680 40 5,600 43 4,300 Units
Beginning Inventory, purchases, and sales data for DVD players are as follows: Cost Per Total Cost Unit 39 S 4,680 40 5,600 43 4,300 Units Type Date 120 Inventory Nov. 1 140 Nov. 15 Purchase 100 Nov. 30 Purchase $ 14,580 360 Total Requirement: Total units sold were 245@$65 each. Complete the tables using the data above for FIFO, LIFO and Weighted Average. Compete the partial Income Statement Periodic Inventory FIFO DVD Players Inventory Cost of Goods Sold Purchases Total Cost Unit Unit Total Total Unit Cost Cost Quantity 120 Cost Cost Date Quantity Quantity Cost S 4,680 $ 5,600 $ 4,300 $39 Nov 1 $ 5,600 $ 4,300 140 $40 $40 15 140 30 $43 100 $43 100 39 $ 4,680 40 $ 5,000 $ 9,680 120 S Sold 245 Units 125 15 $40 $43 600 S 4,300 30 Balances 245 100 115 $ 4,900 Periodic Inventory LIFO DVD Players Purchases Cost of Goods Sold Inventory Unit Unit Total Cost Unit Total Cost Date Quantity Cost Total Cost $ 4,680 S 5,600 $ 4,300 Quantity Cost Quantity 120 Nov 1 Cost 15 140 100 $39 $40 $43 $40 $ 5,600 $ 4300 30 140 $43 100 100 43 $ 4,300 40 $ 5,600 39 S Sold 245 Units 140 30 Balances 5 195 $ 10,095 115 $39 245 S 4485 $ 4.485 sS
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