C ODACO *** PAG GAAAAAAC res/19927/assignments/494710?module item_id=1007495 + Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda rchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Linda's uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 26 $97 $2.522 Sept. 12 Purchases 45 4,590 Sept. 19 Purchases 20 2,080 Sept. 26 Purchases 105 Totals 102 50 5.250 141 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. LIFO The ending inventory at September 30 5 Cost of goods sold eTextbook and Media o At F G H I + 100C@@@@@@ PGGMC es/19927/assignments/4947107module_item_id=1007495 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ Cost of goods sold e Textbook and Media For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. The sum of ending inventory and cost of goods sold $ e Textbook and Media A 4/20/20 COOCO GAGAAAAAAC + course/19927/assignments/494710?module_item id-1007495 Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Linda's uses a periodic inventory system. $97 $2.522 Sept. 1 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases 26 45 20 50 104 105 2080 5250 Totals $14.442 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO The ending inventory at September 305 LIFO Cost of goods sold eTextbook and Media Orie 4/20/2020 MAACOB A6 @PRGGAAC + es/19927/assignments/494710?module_item_id-1007495 Optix Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Net Realizable Unit Cost Item Units Value Cameras: Minolta 5 6 $170 150 Canon Light meters: Vivitar 12 125 Kodak Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory 5 e Textbook and Media Save for Later SSS PM 4/20/2020 RTY U VRA CAM004 *COA*080 @ PGAG urses/19927/assignments/4947107module_itemid=1007495 Question 4 View Policies Current Attempt in Progress This information is available for Quick's Photo Corporation for 2018, 2019 and 2020 2018 2019 2020 Beginning inventory $100.000 $300,000 $400,000 Ending inventory 300.000 400,000 480,000 Cost of goods sold 900.000 1.120.000 1.300.000 Sales revenue 1.200.000 1.600.000 1.900.000 Calculate inventory turnover for Quick's Photo Corporation for 2018, 2019 and 2020. (Round answers to 2 decimal places e. 152) Inventory turnover e Textbook and Media AS FGH I J K L DACA ARGGAAMADC + es/19927/assignments/494710?module item_id-1007495 Calculate days in inventory for Quick's Photo Corporation for 2018, 2019, and 2020. (Round answers to 1 decimal place, eg. 1.5. Use 365 days for calculation) 2018 2019 2020 Days in inventory days d ays eTextbook and Media Calculate gross profit rate for Quick's Photo Corporation for 2018, 2019 and 2020. (Round answers to decimal places, eg 125%) 2018 2020 Gross proht rate e Textbook and Media o te me P C ODACO *** PAG GAAAAAAC res/19927/assignments/494710?module item_id=1007495 + Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda rchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Linda's uses a periodic inventory system. Date Explanation Units Unit Cost Total Cost Sept. 1 Inventory 26 $97 $2.522 Sept. 12 Purchases 45 4,590 Sept. 19 Purchases 20 2,080 Sept. 26 Purchases 105 Totals 102 50 5.250 141 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. LIFO The ending inventory at September 30 5 Cost of goods sold eTextbook and Media o At F G H I + 100C@@@@@@ PGGMC es/19927/assignments/4947107module_item_id=1007495 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO LIFO The ending inventory at September 30 $ Cost of goods sold e Textbook and Media For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. The sum of ending inventory and cost of goods sold $ e Textbook and Media A 4/20/20 COOCO GAGAAAAAAC + course/19927/assignments/494710?module_item id-1007495 Linda's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Linda's purchases of Xpert snowboards during September is shown below. During the same month, 121 Xpert snowboards were sold. Linda's uses a periodic inventory system. $97 $2.522 Sept. 1 Sept. 12 Sept. 19 Sept. 26 Inventory Purchases Purchases Purchases 26 45 20 50 104 105 2080 5250 Totals $14.442 Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods. FIFO The ending inventory at September 305 LIFO Cost of goods sold eTextbook and Media Orie 4/20/2020 MAACOB A6 @PRGGAAC + es/19927/assignments/494710?module_item_id-1007495 Optix Camera Shop uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Net Realizable Unit Cost Item Units Value Cameras: Minolta 5 6 $170 150 Canon Light meters: Vivitar 12 125 Kodak Determine the amount of the ending inventory by applying the lower-of-cost-or-net realizable value basis. The ending inventory 5 e Textbook and Media Save for Later SSS PM 4/20/2020 RTY U VRA CAM004 *COA*080 @ PGAG urses/19927/assignments/4947107module_itemid=1007495 Question 4 View Policies Current Attempt in Progress This information is available for Quick's Photo Corporation for 2018, 2019 and 2020 2018 2019 2020 Beginning inventory $100.000 $300,000 $400,000 Ending inventory 300.000 400,000 480,000 Cost of goods sold 900.000 1.120.000 1.300.000 Sales revenue 1.200.000 1.600.000 1.900.000 Calculate inventory turnover for Quick's Photo Corporation for 2018, 2019 and 2020. (Round answers to 2 decimal places e. 152) Inventory turnover e Textbook and Media AS FGH I J K L DACA ARGGAAMADC + es/19927/assignments/494710?module item_id-1007495 Calculate days in inventory for Quick's Photo Corporation for 2018, 2019, and 2020. (Round answers to 1 decimal place, eg. 1.5. Use 365 days for calculation) 2018 2019 2020 Days in inventory days d ays eTextbook and Media Calculate gross profit rate for Quick's Photo Corporation for 2018, 2019 and 2020. (Round answers to decimal places, eg 125%) 2018 2020 Gross proht rate e Textbook and Media o te me P