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CCO Company uses a perpetual inventory system. It entered into the following purchases and sales trans- PROBLEM SET B actions for April. Problem 6-1B Alternative

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CCO Company uses a perpetual inventory system. It entered into the following purchases and sales trans- PROBLEM SET B actions for April. Problem 6-1B Alternative cost flowi-perpetual PI Required 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compule the number of units in ending inventory. 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and chack ai Fnuseg ineitury Fi-0. (d) specific identification. (Round per unit costs to three decimals, but inventory balances to the dollar) S8A soo; 2100,{22,500; Wac For specific identification, the April 9 sale consised of 8 units from beginning inventory and 10 units 575,600 . from the April 6 purchase; the April 30 sale consisted of 20 units from the April 6 purchase and 10 units from the April 25 purchase. 4. Compute gross profit camed by the company for each of the four costing methods in part 3. (ii) Uro gross pectit. 54tald 200

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