CALCULATOR FULL SCREEN PRINT Problem 6-02A a, b1-b2, (Video) Bonita Distribution markets CDs of the performing artist Unique. At the beginning of October, Bonita had in beginning inventory 2,000 of Unique's CDs with October, Bonita made the following purchases of Unique's CDs. Oct. 3 2,500 @ $8 Oct. 19 3,000 @ $10 Oct. 9 3,500 @ $9 Oct. 25 4,000 @ $11 During October, 10,950 units were sold. Bonita uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods available for sale Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per unit Practice Assignment Gradebook ORION Downloadable eTextbook Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT -b2, (Video) rkets CDs of the performing artist Unique. At the beginning of October, Bonita had in beginning inventory 2,000 of Unique's CDs with a unit cost of $7. During the following purchases of Unique's CDs. Oct. 19 3,000 Oct 25 4,000 $10 $11 0 units were sold. Bonita uses a periodic inventory system. goods available for sale. le for sale (Round answer to 2 decimal U LA U CALCULATOR FULL SCREEN S 4,500 Oct. 9 3,500 $8 Oct. 19 3,000 - $10 $9 Oct. 25 4,000 511 PRINTER VE During October, 10,950 units were sold. Bonita uses a periodic inventory system. Determine the cost of goods available for sale. Cost of goods available for sales Calculate cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Cost per units Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, UFO, and average-cost). (Round answer places, e.g. 1,250.) AVERAGE-COST The ending inventory The cost of goods sold unit. (Round answer to 2 decimal places, e.. 2.25.) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average cost). (Round answers to o decimal 250.) FIFO LIFO AVERAGE-COST entory ods sold w method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? produces the highest inventory amount, $ produces the highest cost of goods sold, $ would like to Show Work for this question: Open Show Work Assignment > Open Assignment CALCULATOR FULL SCREEN PRINTER VERS Cost per unit $ Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers places, e.g. 1,250.) FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold s Which cost flow method results in (1) the highest inventory amount for the balance sheet and (2) the highest cost of goods sold for the income statement? produces the highest inventory amount, $ (2) produces the highest cost of goods sold, $ Click if you would like to Show Work for this question: Open Show Work
