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HOW TO DO THIS? Required information Required: 1. Complete the table to determine the cost assigned to lending Inventory and cost of goods sold using
HOW TO DO THIS?
Required information Required: 1. Complete the table to determine the cost assigned to lending Inventory and cost of goods sold using specific Identification 2. Determine the cost assigned to ending Inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using AFO. 4. Determine the cost assigned to ending Inventory and to cost of goods sold using uro Complete this questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO Perpetual FIFO: Goods Purchased Cost of Goods Sold # of Cost pe or units cost per Cost of Goods units Sold Date Inventory Balance of units Cost per Inventory unit Balance 230 @ $ 15.50 $ 3,565.00 January 1 January 10 $ 75,50 S775.00 January 20 190@ S 14.50 50 190 e $ 1550 S 775.00 $ 14:50 2.755.00 SU 3.530.00 January 25 S620.00 40 e $15.50 @ $ 1450 January 30 1360 151400 $320.00 S 15 50 $ 14,50 $14.00 Totals $ 232.50 5.002 50 5.040.00 SU 90.275.00 16 829,50 ere to search Prev 213 O BI DOLL Required information Required: 1. Complete the table to determine the cost assigned to lending Inventory and cost of goods sold using specific Identification 2. Determine the cost assigned to ending Inventory and to cost of goods sold using weighted average. 3. Determine the cost assigned to ending inventory and to cost of goods sold using AFO. 4. Determine the cost assigned to ending Inventory and to cost of goods sold using uro Complete this questions by entering your answers in the below tabs. Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO Perpetual FIFO: Goods Purchased Cost of Goods Sold # of Cost pe or units cost per Cost of Goods units Sold Date Inventory Balance of units Cost per Inventory unit Balance 230 @ $ 15.50 $ 3,565.00 January 1 January 10 $ 75,50 S775.00 January 20 190@ S 14.50 50 190 e $ 1550 S 775.00 $ 14:50 2.755.00 SU 3.530.00 January 25 S620.00 40 e $15.50 @ $ 1450 January 30 1360 151400 $320.00 S 15 50 $ 14,50 $14.00 Totals $ 232.50 5.002 50 5.040.00 SU 90.275.00 16 829,50 ere to search Prev 213 O BI DOLLStep by Step Solution
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