CASE 1

CASE 2

please attach a spreadsheet or calculation (if any)

YOUR INVENTORY AT THE END OF LAST MONTH IDR 153.000,000,- YOU HAVE NEW MATERIAL WITH COST AS FOLLOWS: INVOICE PRICE, IDR 120.000.000 FREIGHT-IN, IDR 15.000.000 PURCHASE DISCOUNTS, IDR 10.000.000 OTHER COSTS TO GET THE INVENTORY READY FOR SALE, IDR 53.000.000,- SALES COST, IDR 25.000.000,- YOU USE THE INVENTORY IN THIS MONTH IDR 125.000.000,- CALCULATE THE NEW INVENTORY! . . IN JANUARY THE COMPANY STARTED BUYING 250.000 PIECES ABC PRODUCT WITH AVERAGE UNIT COST IDR 5.500.000,- AND THEY ARE PLACED IN THE STORE. IN FEBRUARY THERE ARE MANY TRANSACTION AS FOLLOW: FEBRUARY 5, THE COMPANY BOUGHT 200.000 PIECES ABC PRODUCT WITH COST IDR 6.000.000, FEBRUARY 10, THE COMPANY SOLD 300.000 PIECES ABC PRODUCT IN MARCH 5 THE COMPANY BOUGHT 200.000 PIECES PROSUCT AT IDR 6.500.000 PER PIECES AND IN MARC 28TH IT SOLD 1.500 PIECES. 1. CALCULATE ITS INVENTORY VALUE AND THE COST OF PRODUCT SOLD USING MOVING AVERAGE FOR FIRST QUARTER PERIODIC REPORTING. 2. CALCULATE ITS INVENTORY VALUE AND THE COST OF PRODUCT SOLD USING FIFO AND LIFO FOR FIRST QUARTER PERIODIC REPORTING