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Chapter 6 Worksheet Use the chart below to answer questions 1 through 9 for Piper Corp. Beginning Inventory Purchase on June 2nd Purchase on
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Chapter 6 Worksheet Use the chart below to answer questions 1 through 9 for Piper Corp. Beginning Inventory Purchase on June 2nd Purchase on June 20th Sales Units Unit Cost Total Cost 20 S 110 $ 2,200 10 S 120 $ 1,200 20 140 $ 2,800 42 1. What are the units available for sale? Cost of the goods available for sale? 2. Use the average cost method to find the cost of goods sold. 3. Use the average cost method to find the ending inventory. 4. Use the FIFO method to find cost of goods sold. 5. Use the FIFO method to find the ending inventory. 6. Use the LIFO method to find cost of goods sold. 80 F3 000 000 54 MacBook Pro 8
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