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Exercisc 6-6 Grouper Corp. reports the following for the month of June. Datc Explanation Units Unit Cost Total Cost Inventory 12 Purchases 23 Purchasns D
Exercisc 6-6 Grouper Corp. reports the following for the month of June. Datc Explanation Units Unit Cost Total Cost Inventory 12 Purchases 23 Purchasns D Inventory 5.5 361 214 225 S00 2,166 1,498 Como te the cost o the e ing inventory and th cost of goods sod under FIFO and average cost For calcu a on purposes, round average cost to 3 dec mal places, e g 5.275. Round answers to O decirna places e. 125 .) FIFO LIFO Average-Cost The cost of the ending inventory The cost af goods sold Click if you would like to Show Work for this question: Open Show Work Exercise G-10 Bonita ndus es has acoounts receiveo e of $90 500 : Me ch 31 2017. co.nuerIY'y surlidles ol bed debls cire 5 huwn belon. : Merch 31 2017 ere is 977 balance n A owsnse cr Doustful c counts p ar to acustr ent. The cc roany uses the percentage o recewablesesis estime: ng unco eble ccounts. T Balance, March 31 Estimated Percentage 2016 Uncollectible Age of Accounts 2017 sE9,500 70.010 ,1008,670 23% 1 30 days past du 9,F00 2,4 7,200 Over 90 days #ast dua 1,140 $58.50- $82.240 The total esimatec uncolebles MILAR EXERCESE nc cate ount to record sed debt expense on March 31, 2017 Bed Dest Expense
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