D. $400 3. Using FIFO, what is gross margin for the June sale? A. $357 B. $340 C. $370 D. $360 4. Using LIFO, what is balance in inventory after the June sale? A. $195 B. $180 C. $210 D. $170 Show your work for calculations. If you show no work, I may ask you to come to my o explain how you got your answers. DELL three 3 01 spring 2020 - Goo X int/d/1uAQph9XkhQ6ecmJXAMV63ANabFMcfOyqipOJgZCTcY/edit Cengage A launch pad univ 200 HOME - myVocs Home - myBRCC 85 payments 0 0 at Tools Add-ons Help mal text Times New... Last edit was made 11 minutes ago by anonymous 12 BI U A GO + - EIE E E A. $3,600 debit B. $3,600 credit C. $1,200 debit D. $1,200 credit Use the following information for the next three questions. A company had inventory transactions during the month: Selling $ per unit Units Units Activity Purchased June 1 Purchased June 5 Purchased June 12 Total Sold on June 15 Purchase S per unit $12 $13 $14 Total cost $180 $130 $280 $$90 30 $25 in the count of monds sold Tools Add-ons Help Last edit was made 15 minutes ago by anonymous ext - Times New... 12 BI U A G O + E 15 E A B 100 150 200 600 $30 $160 $75 $87 $28 $170 $70 $83 D . A. $3,600 debit B. $3,600 credit C. $1,200 debit D. $1,200 credit Use the following information for the next three questions. A company had inventory transactions during the month: Selling $ per unit Units Units Activity Purchased June 1 Purchased June 5 Purchased June 12 Total Sold on June 15 Purchase Sper unit $12 $13 $14 Total cost $180 $130 $280 $590 30 $25 2. Using the weighted average inventory method, determine the cost of goods sold. D. $400 3. Using FIFO, what is gross margin for the June sale? A. $357 B. $340 C. $370 D. $360 4. Using LIFO, what is balance in inventory after the June sale? A. $195 B. $180 C. $210 D. $170 Show your work for calculations. If you show no work, I may ask you to come to my o explain how you got your answers. DELL three 3 01 spring 2020 - Goo X int/d/1uAQph9XkhQ6ecmJXAMV63ANabFMcfOyqipOJgZCTcY/edit Cengage A launch pad univ 200 HOME - myVocs Home - myBRCC 85 payments 0 0 at Tools Add-ons Help mal text Times New... Last edit was made 11 minutes ago by anonymous 12 BI U A GO + - EIE E E A. $3,600 debit B. $3,600 credit C. $1,200 debit D. $1,200 credit Use the following information for the next three questions. A company had inventory transactions during the month: Selling $ per unit Units Units Activity Purchased June 1 Purchased June 5 Purchased June 12 Total Sold on June 15 Purchase S per unit $12 $13 $14 Total cost $180 $130 $280 $$90 30 $25 in the count of monds sold Tools Add-ons Help Last edit was made 15 minutes ago by anonymous ext - Times New... 12 BI U A G O + E 15 E A B 100 150 200 600 $30 $160 $75 $87 $28 $170 $70 $83 D . A. $3,600 debit B. $3,600 credit C. $1,200 debit D. $1,200 credit Use the following information for the next three questions. A company had inventory transactions during the month: Selling $ per unit Units Units Activity Purchased June 1 Purchased June 5 Purchased June 12 Total Sold on June 15 Purchase Sper unit $12 $13 $14 Total cost $180 $130 $280 $590 30 $25 2. Using the weighted average inventory method, determine the cost of goods sold
