CengageNow2 Online teach x Homework 27 Section 4.1 PreCx + C v 2cengagenow.com/m/takeAssignment/takeAssignment Main.do?invokeretakeAssignmentSession Locator Binprogressefalse !! App! b Vandevort Research Scout.com Men's B. M Mathway Math Pr Economics for Engi. MyUTUP Universal New Style 1 Coalition book Chapter 6 Homework eBook Show Me How Calculator LFO Perpetual Inventory The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory 25 $1,200 $30,000 8 Purchase 1,240 93,000 80,000 60,000 2,000 2,000 1,260 2,000 11 Sale 30 Sale May & Purchase 10 Sale 19 Sale 28 Purchase June 5 Sale 16 Sale 21 Purchase 28 Sale 2,250 2,250 1,264 2,250 75,600 100,000 40,000 100,800 90,000 56,250 44,240 99,000 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 4, using the last-in, first-out method. Under uro, if units are in Inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Dunne Co. Schedule of Cost of Goods Sold LIFO Method Previous Next Check My Work Assignment Score: 33.33% Assignment score: 13.9% All work saved Email Instructor Save and Exit Submit Assignment for Type here to search O tem 9 Apps Bb Vandevort tb Research Scout.com: Men's B. M Mathway Math Pr... Economics for Engi. My UTEP Universal New Style 1 Coalition Apps Ap.. 1 Yearbook Chapter 6 Homework Show Me How Calculator May 28 June 5 June 16 June 21 June 28 June 30 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales $ Total cost of goods sold Gross profit 3. Determine the ending inventory cost on June 30. Previous Check My Work All work saved All work saved Emal instructor Email Instructor Save and Brit Save and Exit Submit Ass Assignment Score: 33,33% | To Ri 6 H 9 H THI CengageNow2 Online teach x Homework 27 Section 4.1 PreCx + C v 2cengagenow.com/m/takeAssignment/takeAssignment Main.do?invokeretakeAssignmentSession Locator Binprogressefalse !! App! b Vandevort Research Scout.com Men's B. M Mathway Math Pr Economics for Engi. MyUTUP Universal New Style 1 Coalition book Chapter 6 Homework eBook Show Me How Calculator LFO Perpetual Inventory The beginning inventory for Dunne Co. and data on purchases and sales for a three-month period are as follows: Date Transaction Number of Units Per Unit Total Apr. 3 Inventory 25 $1,200 $30,000 8 Purchase 1,240 93,000 80,000 60,000 2,000 2,000 1,260 2,000 11 Sale 30 Sale May & Purchase 10 Sale 19 Sale 28 Purchase June 5 Sale 16 Sale 21 Purchase 28 Sale 2,250 2,250 1,264 2,250 75,600 100,000 40,000 100,800 90,000 56,250 44,240 99,000 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illustrated in Exhibit 4, using the last-in, first-out method. Under uro, if units are in Inventory at two different costs, enter the units with the HIGHER unit cost first in the cost of Goods Sold Unit Cost column and LOWER unit cost first in the Inventory Unit Cost column Dunne Co. Schedule of Cost of Goods Sold LIFO Method Previous Next Check My Work Assignment Score: 33.33% Assignment score: 13.9% All work saved Email Instructor Save and Exit Submit Assignment for Type here to search O tem 9 Apps Bb Vandevort tb Research Scout.com: Men's B. M Mathway Math Pr... Economics for Engi. My UTEP Universal New Style 1 Coalition Apps Ap.. 1 Yearbook Chapter 6 Homework Show Me How Calculator May 28 June 5 June 16 June 21 June 28 June 30 Balances 2. Determine the total sales, the total cost of goods sold, and the gross profit from sales for the period. Total sales $ Total cost of goods sold Gross profit 3. Determine the ending inventory cost on June 30. Previous Check My Work All work saved All work saved Emal instructor Email Instructor Save and Brit Save and Exit Submit Ass Assignment Score: 33,33% | To Ri 6 H 9 H THI
