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D AME ENGAGE a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the
D AME ENGAGE a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. When calculating the unit cost. round to 2 decimal places as well. Purchases Transaction Description Quantity Amount Opening 12 #3 #4 #5 Balance Purchase from AAA Co. Sale to SSS 0 Co. Sale to TTT 38 Co. Purchase from BBB 8 8 Sale to UUU Co. English (en) Duane Inventory Schedule Sales Balance Quantity Amount Quantity Amount 0 $0 S 400 $6,000.00 0 400 0 6000 $ S 200 200 $3,000.00 0 3000 $ 0 0 S 100 100 0 50 $1,000.00 $ 20 $ K C Sale to TTT #3 0 Co. 0 Purchase #4 from BBB 50 $1,000.00 Co. #5 Sale to UUU Co. 0 0 100 100 20 b) If the FIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS=$ c) If the specific identification method had been used, what would the value of COGS been for the sale to UUU Co.? Assume all the units were purchased from BBB Co. COGS $ Check Note: The "check button does not submit your attempt To submit the attempt, go to the end of the quiz and click on the "submit all and finish button.
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