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During the month of September 2015, Emily Company had the following information regarding the buying and selling of its inventory. Sept. 1 Beginning inventory of
During the month of September 2015, Emily Company had the following information regarding the buying and selling of its inventory. Sept. 1 Beginning inventory of 400 units @ $130 per unit. 8 Purchased 465 units @ $140 per unit. 12 Sold 230 units. 17 Sold 220 units. 23 Purchased 140 units @ $160 per unit. 25 Purchased 160 units @ $170 per unit. 30 Sold 140 units. Compute the Goods Available for Sale (in both Units and Dollars). (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Units Cost/Unit Amount Compute the total units sold and total units in the ending inventory. Total Units Sold Units in the Ending Inventory Compute the value of the ending inventory at the end of September under the FIFO periodic cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Ending Inventory Compute the value of the cost of goods sold at the end of September under the FIFO periodic cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Cost of Goods Sold = Compute the value of the ending inventory at the end of September under the LIFO periodic cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Compute the value of the cost of goods sold at the end of September under the LIFO periodic cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Cost of Goods Sold = Compute the value of the cost of goods sold at the end of September under the FIFO perpetual cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Cost of Goods Sold Compute the value of the ending inventory at the end of September under the FIFO perpetual cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Ending Inventory Compute the value of the cost of goods sold at the end of September under the LIFO perpetual cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Cost of Goods Sold Compute the value of the ending inventory at the end of September under the LIFO perpetual cost flow assumption. (Do not use dollar signs ($) when entering amounts. To see comma-formatted numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Ending Inventory
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