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Help Seve E Ferris Company began January with 5,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the
Help Seve E Ferris Company began January with 5,000 units of its principal product. The cost of each unit is $8. Merchandise transactions for the month of January are as follows: Chem Date of Purchase Jan 10 Jan 18 Totals Units 3.ee 15.00 8,899 Purchases Unit Cost $ 9 10 Total Cost $27,000 59.000 77.000 Includes purchase price and cost of freight Sales Date of Sale Dan. 5 Jan. 12 Jan 20 Total Units 2,660 1,000 3,000 6.ee 7000 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 cost of Goodie Bold January 20 Cost of Goods Sold-January 12 Cost of Goods Sold - January 5 Cont of Goods Available for Sale Cost of #01 Unit Goods units Cost Available for of unit Coule Perpetual FIFO: #of units sold Cost of Goods Sold Cost per unit of units Cost per sold unit Goods Bol Coat of Goods Sold Sale online 5 O 9 10 of 10 Next >
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