Ferris Company began January with 8,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 6,000 8,000 14,000 Purchases Unit Cost $ 9 10 Total Cost $ 54,000 80,000 134,000 Includes purchase price and cost of freight Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 4,000 2,000 5,000 11,000 11,000 units were on hand at the end of the month. 3. Calculate January's ending inventory and cost of goods sold for the month using FIFO, perpetual system 35 Total 11.000 11.000 units were on hand at the end of the month 2. Calculate January's ending inventory and cost of goods sold for the month sing FIFO perpetytem Cotofo for Sale Cet of Dod Coat Available horale 8,000 50.00 $4.000 Cast of Good day #or Osode por un Answer is not complete Costa Boda Custofur Costa wo Com Coute Deret 4.000 800 $ 2.000 2.000.00 116.000 13.00 0 Beg no Purchase January 10 January 10 Total 9.00 10.00 0 0.000 5.000 22.000 4.000 50.000 5 100.000 100 10.00 3.me 9.00 1000 1000 40.000 12.000 2.000 310000 1 14 8 ME Graw MINI MacBook Air 30 the month using FFO perpetual system iday Coet wy Answer is not complete Cestoods Soldaryta Cost of Good 10 unt Cest Cout per un Good so Un 2.000 $8.00 $10.000 $300 Bold Coutor Goode Bed Com pe . 5 12.000 $2.00 0 D 1 1 9.00 10.00 9.00 1000 0 2.000 8.000 11.000 3.00 10.00 27.000 30.000 1000 0 5 16.000 332.000 2.000 5 0 M Grow HINI MacBoo Ferris Company began January with 8,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Date of Purchase Jan. 10 Jan. 18 Totals Units 6,000 8,000 14,000 Purchases Unit Cost $ 9 10 Total Cost $ 54,000 80,000 134,000 Includes purchase price and cost of freight Sales Date of Sale Jan. 5 Jan. 12 Jan. 20 Total Units 4,000 2,000 5,000 11,000 11,000 units were on hand at the end of the month. 3. Calculate January's ending inventory and cost of goods sold for the month using FIFO, perpetual system 35 Total 11.000 11.000 units were on hand at the end of the month 2. Calculate January's ending inventory and cost of goods sold for the month sing FIFO perpetytem Cotofo for Sale Cet of Dod Coat Available horale 8,000 50.00 $4.000 Cast of Good day #or Osode por un Answer is not complete Costa Boda Custofur Costa wo Com Coute Deret 4.000 800 $ 2.000 2.000.00 116.000 13.00 0 Beg no Purchase January 10 January 10 Total 9.00 10.00 0 0.000 5.000 22.000 4.000 50.000 5 100.000 100 10.00 3.me 9.00 1000 1000 40.000 12.000 2.000 310000 1 14 8 ME Graw MINI MacBook Air 30 the month using FFO perpetual system iday Coet wy Answer is not complete Cestoods Soldaryta Cost of Good 10 unt Cest Cout per un Good so Un 2.000 $8.00 $10.000 $300 Bold Coutor Goode Bed Com pe . 5 12.000 $2.00 0 D 1 1 9.00 10.00 9.00 1000 0 2.000 8.000 11.000 3.00 10.00 27.000 30.000 1000 0 5 16.000 332.000 2.000 5 0 M Grow HINI MacBoo
