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Exercise 6 - 4 Alternative cost flow assumptions - perpetual inventory system LO 2 Sport Box sells a wide variety of sporting equipment. The following
Exercise Alternative cost flow assumptionsperpetual inventory system LO
Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $
tableDescription,Units,Unit CostMar Beginning Inventory,$Mar Purchase,$Mar Purchase,$Mar Sale,Mar Purchase,$Mar Sale,
Required:
Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.
tabletableCost of GoodsSoldtableEndingInventory FIFO,,,Moving weighted average,,
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