Homework: Graded MAL HW #6 [Ch 6] Spr 2020 Save Score: 0 of 9 pts 10 of 14 (8 complete) HW Score: 34.38%, 55 of 160 pts Instructor-created question Question Help Acompany began August with 60 units of inventory that cost $25 each. Assume a perpetual inventory system. During August, the company had the following transactions (Click the icon to the transactions) Determine the company's cost of goods sold for August using each of the inventory costing methods indicated (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar) Data Table The cost of goods sold amount for August using FIFO inventory costing is The cost of goods sold amount for August using UFO inventory costing is The cost of goods sold amount for August using weighted average inventory costing is s Units Unit Cost Unit Sales Price Aug 3 Sale 72 8 Purchase 65 $ 41 Enter any number in the edit fields and then click Check Answer 21 Sale 88 30 Purchase All parts showing Clear All Homework: Graded MAL HW #6 [Ch 6] Spr 2020 Score: 0 of 19 pts 5 of 14 (8 complete) HW Score: 34.38%, 55 of 160 pts Question Help Instructor-created question Assume that a company started October with 100 units of merchandise inventory that cost 578 each During October, the company made the following purchases (Click the icon to view the purchases) The company uses a periodic inventory system Assume that a physical inventory count on October 31 indicates that 130 units are on hand (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar) Data Table (A) Calculate the cost of ending inventory and cost of goods sold for October, using each inventory costing method FIFO 0 Weighted average Oct Ending inventory Cost of goods 3 40 unts @ $ 80 each 1200 units @ 582 each 1840 units@ $94 each Enter any number in the edit fields and then click Check Answer All parts showing Clear A Print Done Homework: Graded MAL HW #6 [Ch 6] Spr 2020 Save Score: 0 of 9 pts 10 of 14 (8 complete) HW Score: 34.38%, 55 of 160 pts Instructor-created question Question Help Acompany began August with 60 units of inventory that cost $25 each. Assume a perpetual inventory system. During August, the company had the following transactions (Click the icon to the transactions) Determine the company's cost of goods sold for August using each of the inventory costing methods indicated (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar) Data Table The cost of goods sold amount for August using FIFO inventory costing is The cost of goods sold amount for August using UFO inventory costing is The cost of goods sold amount for August using weighted average inventory costing is s Units Unit Cost Unit Sales Price Aug 3 Sale 72 8 Purchase 65 $ 41 Enter any number in the edit fields and then click Check Answer 21 Sale 88 30 Purchase All parts showing Clear All Homework: Graded MAL HW #6 [Ch 6] Spr 2020 Score: 0 of 19 pts 5 of 14 (8 complete) HW Score: 34.38%, 55 of 160 pts Question Help Instructor-created question Assume that a company started October with 100 units of merchandise inventory that cost 578 each During October, the company made the following purchases (Click the icon to view the purchases) The company uses a periodic inventory system Assume that a physical inventory count on October 31 indicates that 130 units are on hand (For weighted average calculations, round per unit costs to the nearest cent and all other amounts to the nearest dollar) Data Table (A) Calculate the cost of ending inventory and cost of goods sold for October, using each inventory costing method FIFO 0 Weighted average Oct Ending inventory Cost of goods 3 40 unts @ $ 80 each 1200 units @ 582 each 1840 units@ $94 each Enter any number in the edit fields and then click Check Answer All parts showing Clear A Print Done