Homework 6 Inventory

25.00 Homework 6 Inventory Wick's Candle Co. Merchandising Activity for the Month Date Activity Number of Units Cost per Unit Price per unit Total Cost Total Sales Price 3/1/2020 Purchase 3,000.00 15.00 45,000.00 3/3/2020 Sel 1,000.00 25,000.00 3/5/2020 Purchase 5,000.00 16.00 BO,000.00 3/20/2020 Purchase 6,000.00 14.00 84,000.00 Instructions Calculate COGS, Ending Inventory, Sales, Grou Profit and Gross Margin Ratio for each of the sales transactions isted above 3/3/20 sell1,000 FIFO UFO Weighted Average COGS COGS COGS Ending Inventory Ending Inventory Ending Inventory Sales Sales Sales COGS COGS COGS Gross Profit Gross Profit Gross Profit Grous Margin Ratio Gross Margin Ratio Gross Margin Ratio Homework 6 Inventory Wick's Candle Co Merchandising Activity for the Month Date Activity Number of Units Cost per Unit Price per unit Total Cost Total Sales Price 3/1/2020 Purchase 3,000.00 15.00 45,000.00 3/5/2020 Purchase 5,000.00 16.00 80,000.00 3/10/2020 Sell 5,000.00 25.00 125,000.00 3/20/2020 Purchase 6,000.00 14.00 84,000.00 Instructions Calculate Cogs, Ending Inventory, Sales, Gross Profit and Gross Margin Ratio for each of the sales transactions listed above 3/10/2020 Sell 5,000 Units FIFO UFO Weighted Average COGS COGS COGS Ending Inventory Ending Inventory Ending Inventory Sales Sales Sales COGS COGS COGS Grow Profit Gross Profit Gross Profit Grous Margin Ratio Gross Margin Ratio Gross Margin Ratio Homework 6 Inventory Wick's Candle Co Merchandising Activity for the Month Date Activity Number of Units Cost per Unit Price per unit Total Cost Total Sales Price 3/1/2020 Purchase 3,000.00 15.00 45,000.00 3/5/2020 Purchase 5,000.00 16.00 80,000.00 3/20/2020 Purchase 6,000.00 14.00 B4,000.00 1/25/2020 sen 8,000.00 25.00 200,000.00 Instructions Calculate COGS, Ending Inventory, Sales, Grous Profil and Gross Martin Ratio for each of the sales transactions isted above 03/25/2020 Sell 4,000 units FIFO LIFO Weighted Average COGS COGS COGS Ending Inventory Ending Inventory Ending Inventory Sales Sales Sales COGS COGS COGS Grous Profit Gross Profit Gross Profit Gross Margin Ratio Gross Margin Ratio Gross Margin Ratio