CengageNoW2 Online teach x Homework 27 Section 4.1 Precx + - c .v2.cengagenow.com/lr/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress-false Apps Vandevort B Research Scout.com Men's B. Mathway Math Pr Economics for Engi. My UTEP Universal New Stylu Coalition Apps - Ap Yearbook Chapter 6 Homework Retail Method; Gross Profit Method Selected data on inventory, purchases, and sales for Jaffe Co. and Coronado co are as follows: Cost Retail $400,000 $615,000 Jaffe Co. Inventory, February 1 Transactions during February Purchases (net) Sales 4,055,000 5,325,000 5,100,000 $400,000 Coronado Co. Inventory, May 1 Transactions during May through October Purchases (net) Sales 3,150,000 4,750,000 35% Estimated gross profit rate Required: 1. Determine the estimated cost of the inventory of Jaffe Co. on February 28 by the real method, presenting details of the computations Jaffe Co. Estimated cost of Inventory February 28 Cast Retail Check My Work CengageNOW2 Online teach x Homework 27 Section 4.1 PreCox + C v 2.cengagenow.com/ilm/takeAssignment/takeAssignment Main.do?invokere&takeAssignmentSessionLocator &inprogressefalse Apps Bb Vandevort Research Scout.com Men's M Mathway Math Pr. Economics for Engi. MUTE Univers News Cotton A A 1 Yearbook Chapter 6 Homework ebook Calculator 2a. Estimate the cost of the inventory of Coronado Co. on October 31 by the gross profit method, presenting details of the computations. Coronado Co. Estimated Cost of Inventory October 31 2b. Assume that Coronado Co took a physical inventory on October 31 and discovered that $366,500 of inventory was on hand. What was the estimated loss of inventory due to theft or damage during May through October Check My Work Previous ssignment Score: 33.33% All work saved. Email Instructor Save and Exit Submit Assignment for Gradine 2 CangaNoW2 Online teach x Homework 27 Section 4.1 Pre + C v 2.cengagenow.com/in/takeAssignment/takeAssignment Main do?invokeretakeAssignmentSession Locatorinprogress false !!! App! b Vandevort b Herth Scout.com Men's B. M Mathway Math Pr Economics for Engi. MUTP Univers New Style Coton A ll Yearbook Chapter 6 Homework Show Me How Calculator LIFO 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 calumn Dunne Co Schedule of Cost of Goods Sold LIFO Method Previous Nex Check My Work All work saved Save and Ext Email Instructor Assignment Score: 33.33% Sub Assignet for Assignment score: 13.9% Type here to search O e m O @ CengageNoW2 Online teach x Homework 27 Section 4.1 Precx + - c .v2.cengagenow.com/lr/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator &inprogress-false Apps Vandevort B Research Scout.com Men's B. Mathway Math Pr Economics for Engi. My UTEP Universal New Stylu Coalition Apps - Ap Yearbook Chapter 6 Homework Retail Method; Gross Profit Method Selected data on inventory, purchases, and sales for Jaffe Co. and Coronado co are as follows: Cost Retail $400,000 $615,000 Jaffe Co. Inventory, February 1 Transactions during February Purchases (net) Sales 4,055,000 5,325,000 5,100,000 $400,000 Coronado Co. Inventory, May 1 Transactions during May through October Purchases (net) Sales 3,150,000 4,750,000 35% Estimated gross profit rate Required: 1. Determine the estimated cost of the inventory of Jaffe Co. on February 28 by the real method, presenting details of the computations Jaffe Co. Estimated cost of Inventory February 28 Cast Retail Check My Work CengageNOW2 Online teach x Homework 27 Section 4.1 PreCox + C v 2.cengagenow.com/ilm/takeAssignment/takeAssignment Main.do?invokere&takeAssignmentSessionLocator &inprogressefalse Apps Bb Vandevort Research Scout.com Men's M Mathway Math Pr. Economics for Engi. MUTE Univers News Cotton A A 1 Yearbook Chapter 6 Homework ebook Calculator 2a. Estimate the cost of the inventory of Coronado Co. on October 31 by the gross profit method, presenting details of the computations. Coronado Co. Estimated Cost of Inventory October 31 2b. Assume that Coronado Co took a physical inventory on October 31 and discovered that $366,500 of inventory was on hand. What was the estimated loss of inventory due to theft or damage during May through October Check My Work Previous ssignment Score: 33.33% All work saved. Email Instructor Save and Exit Submit Assignment for Gradine 2 CangaNoW2 Online teach x Homework 27 Section 4.1 Pre + C v 2.cengagenow.com/in/takeAssignment/takeAssignment Main do?invokeretakeAssignmentSession Locatorinprogress false !!! App! b Vandevort b Herth Scout.com Men's B. M Mathway Math Pr Economics for Engi. MUTP Univers New Style Coton A ll Yearbook Chapter 6 Homework Show Me How Calculator LIFO 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 calumn Dunne Co Schedule of Cost of Goods Sold LIFO Method Previous Nex Check My Work All work saved Save and Ext Email Instructor Assignment Score: 33.33% Sub Assignet for Assignment score: 13.9% Type here to search O e m O @