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for last 5 questions use the information on 3rd page Required information Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (L06-2) [The following

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for last 5 questions use the information on 3rd page
Required information Exercise 6-3A Prepare a multiple-step income statement and analyze profitability (L06-2) [The following information applies to the questions displayed below.) Tisdale Incorporated reports the following amount in its December 31, 2021, income statement Sales revenue Non-operating revenue Selling expenses General expenses $300,000 Income tax expense 110,000 cost of goods sold 60,000 Administrative expenses 50,000 $ 30,000 190,000 40,000 1. Prepare a multiple-step income statement. (Losses should be indicate TISDALE INCORPORATED Multiple-step Income Statement For the year ended December 31, 2021 0 Total operating expenses Operating income (loss) Problem 6-2B Calculate ending inventory, cost of goods sold, sales revenue, and gross inventory methods (L06-3, 6-4, 6-5) [The following information applies to the questions displayed below.) Pete's Tennis Shop has the following transactions related to its top-selling Wilson tennis racket for the Pete's Tennis Shop uses a periodic inventory system. Unit Cost $160 Total Cost $1,280 150 Date August 1 August 4 August 11 August 13 August 20 August 26 August 29 1,500 Transactions Beginning inventory Sale ($225 each) Purchase Sale $240 each) Purchase Sale ($250 each) Purchase Units 8 5 10 8 10 11 11 140 1,400 130 1,430 $5,610 For the specific identification method, the August 4 sale consists of rackets from beginning inventory. consists of rackets from the August 11 purchase, and the August 26 sale consists of one racket from b and 10 rackets from the August 20 purchase. Problem 6-2B Part 1 Required: 1. Calculate ending inventory and cost of goods sold at August 31, using the specific identification method. Ending Inventory Cost of goods sold 2. Using FIFO, calculate ending inventory and cost of goods sold at August 31. Ending inventory Cost of goods sold 3. Using LIFO, calculate ending inventory and cost of goods sold at August 31. Ending inventory Cost of goods sold 4. Using weighted average cost, calculate ending inventory and cost of goods sold at August 31. answers to 2 decimal places.) Ending inventory Cost of goods sold 5. Calculate sales revenue and gross profit under each of the four methods. (Round w places.) Specific Identification FIFO LIFO Weighted- average cost Sales revenue Cost of goods sold Gross profit

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