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eBook Show Me How Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1,

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eBook Show Me How Periodic Inventory by Three Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchase summarized as follows: 4 at 4 at s 7 in 6 at 79 Purchases Invoices Model Inventory, 1st 2nd Inventory Count, January 1 3rd December 31 A10 4 at $ 44 $ 47 4 at $ 50 5 B15 8 at $94 85 3 at 91 6 at 98 7 E60 3 at 70 3 at 60 15 at 63 9 at 65 5 683 7 at 217 225 5 at 235 10 at 234 9 134 12 at 10 at 81 16 at 98 16 at 89 13 M90 2 at 108 2 at 110 3 at 128 3 at 130 5 Q70 5 at 159 4 at 169 4 at 174 7 at 179 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 differer different costs, enter the units PURCHASED MOST RECENTLY first Dymac Appliances Cost of the Inventory-FIFO Method December 31 O Model Quantity Unit Cost Total Cost A10 4 $ 50 $ 200 A10 1 47 47 B15 6 98 588 Check My Work eBook Show Me How different costs, enter the units PURCHASED MOST RECENTLY first. Dymac Appliances Cost of the Inventory-FIFO Method December 31 Model Quantity Unit Cost Total Cost A10 50 200 A10 1 e 47 47 B15 6 98 588 B15 1 91 91 E60 5 63 X 320 x 683 10

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