Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

ES Nato buy establishing both divisions of her best (cookie cesses and males) completing her business degree Herals for the next months are to sell

image text in transcribed
ES Nato buy establishing both divisions of her best (cookie cesses and males) completing her business degree Herals for the next months are to sell one more per month and to give two to three er we The cast of the tota mena expected to create has ja nepietdrew era with Kalmal that include son comes in the negotiated purchase price (mixer wil be shoes rondestration. Assume that Natalie has decided to use a periodic inventory system and how must choose cost how assumption for her mer inventory twentory as on January 31, 2020 represents three de mer purchased at a unit cost of $50 The town tractions occur in February to May 2030 Nabytowe mon count from Icons Supply Co. for $1,200 (1600 cachos destination tem She is a for $1,150 25 She pays the amount owed to Kink Mar.2 She buys are cele miver an account from Kensk Supply Co, for $618, FOB destination, terms ry30. 30 Natale selle twadeluxe mers for total of $2,300 cm She pays the amount owed to kn AI She buys two daune morson count from Kappy for $1.224 (8612 h. Fondation, termes 13 Shese three delivers for a total of $1.450 30 Natale pays the amounts owed to inkl. HW 4 She buys three delure miers on atenunt from Kindly for $1,85 (5625 cach), Fon destination terme 30 27 She was one omer for $1,150 cash 3! Determine the goods available for Cost of goods available for sale LENTO TEXTURE TO LINK TO TEXT LINK TO THE LINE TO TEXT Calculate (ending investory, cost of goods or potard (M) pro profit rate under each following methode tiro, FO, and average cost (und average cost per unit te decimal 2.225. Round gross pralitate to 2 decimal 26.224. Round all other was to decimal places .. 2,525.) LIFO FIFO Average cost Ending inventory $ Cost of goods sold Groms pret S Gross profit Click if you would like to show Work for this questions to Work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Game Theory Basics

Authors: Bernhard Von Stengel

1st Edition

1108910114, 9781108910118

Students also viewed these Accounting questions