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eBook Print Item Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases

eBook Print Item Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows: Purchases Invoices Model Inventory, January 1 Inventory Count, 1st 2nd 3rd December 31 A10 4 at $64 4 at $70 4 at $76 815 B at $176 4 at 158 3 at 170 6 at 184 E60 3 at 75 3 at 65 15 at 68 9 at 70 G83 7 at 242 6 at 250 5 at 260 10 at 259 9 334 12 at 240 10 at 246 16 at 267 16 at 270 15 M90 2 at 108 2 at 110 3 at 128 3 at 130 5 Q70 5 at 160 4 at 170 4 at 75 175 7 at 180 Required: 1. Determine the cost of the inventory on December 31 by the first-in, first-out, method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first. Dymoc Appliances Cost of the Inventory-FIFO Method Check My Work 3 more Check My Work uses remaining, Previous 20 N tv MacBook Pro a 20 AUVE BEAK Adjus. Chegg.com eBook Print em CengageNOWv21 Online teaching and tearing resure from Cengage Ling 1. Determine the cost of the inventory on December 31 by the first-in, first-out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first. Dymec Appliances Cost of the Inventory-FIFO Method December 211 Madel Quantity Unit Cost Total Cost A10 $ $ A10 B15 B15 E60 Accounting numeric field GB3 134 M90 M90. Q70 Q70 Total $ Check My Work 3 more Check My Work uses remaining. tv A Previous eBook Print Item and learning resourse from Cengage Learning 2. Determine the cost of the inventory on December 31 by the last-in, first-out method. If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the OLDEST units first. Dymac Appliances Cost of the Inventory-LIFO Method December 31 Model Quantity Unit Cost Total Cost A10 S $ A10 815 E60 E60 G83 G83 334 334 M90 M90 M90 Check My Work 3 more Check My Work uses remaining. D tv Previous counts Have Been Adjus. | Chegg.com eBook M90 Q70 Q70 Printem CengageNOWv2 1 Online teaching and learning resource from Cengage Leaming Total 3. Determine the cost of the inventory on December 31 by the weighted average cost method. Dymac Appliances Cost of the Inventory-Weighted Average Method December 31 Model Quantity Unit Cost Total Cost A10 815 E60 GB3 3341 M90 Q70 Total would be preferred for income tax purposes in periods of rising prices. Check My Work 3 more Check My Work uses remaining tv Previousimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

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