Goer's Favorite carries an inventory of puters and other got clubs. The sales price of each...
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Goer's Favorite carries an inventory of puters and other got clubs. The sales price of each puter is $128. Company records indicate the following for a particular ine of Goffer's Favorite's pur (Clex the icon to view the records) Read the regurements Requirement 1. Prepare Golfer's Favorite's perpetual inventory record for the puters assuming Gotter's Favorite uses the LIFO inventory costing method. Then identify the cost of anding inventory and of goods sold for the month Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been antard into the perpetua cond calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Enter the oldest inventory layers) Purchases Unit Cost of Goods Sold Inventory on Hand Total Unit Total Unit Total Date Apr 1 Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 20 TO Apr 6 16 70 A TO Apr. 30 AT 34 87 Apt 17 Apt 30 Total Adentify the cost of ending inventory for the month The cost of ending invertory using the LIFO method identify the cost of goods sold for the month The cost of goods sold using the LIFO method a 30 Data table Date Apr. 1 Apr Belance Sa Quantity Unit C 20 Apr P Apr. 17 Apr. 30 Sale Print Done x Goer's Favorite carries an inventory of puters and other got clubs. The sales price of each puter is $128. Company records indicate the following for a particular ine of Goffer's Favorite's pur (Clex the icon to view the records) Read the regurements Requirement 1. Prepare Golfer's Favorite's perpetual inventory record for the puters assuming Gotter's Favorite uses the LIFO inventory costing method. Then identify the cost of anding inventory and of goods sold for the month Start by entering the beginning inventory balances. Enter the transactions in chronological order, calculating new inventory on hand balances after each transaction. Once all of the transactions have been antard into the perpetua cond calculate the quantity and total cost of inventory purchased, sold, and on hand at the end of the period. Enter the oldest inventory layers) Purchases Unit Cost of Goods Sold Inventory on Hand Total Unit Total Unit Total Date Apr 1 Quantity Cost Cost Quantity Cost Cost Quantity Cost Cost 20 TO Apr 6 16 70 A TO Apr. 30 AT 34 87 Apt 17 Apt 30 Total Adentify the cost of ending inventory for the month The cost of ending invertory using the LIFO method identify the cost of goods sold for the month The cost of goods sold using the LIFO method a 30 Data table Date Apr. 1 Apr Belance Sa Quantity Unit C 20 Apr P Apr. 17 Apr. 30 Sale Print Done x
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