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HW 07A with Hints Saved 3 ! Part 2013 25 points Required Information M7.7 to M7-9 Calculating Cost of Goods Available for Sale, Ending Inventory,

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HW 07A with Hints Saved 3 ! Part 2013 25 points Required Information M7.7 to M7-9 Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic FIFO, LIFO, and weighted Average Cost [LO 7-3] The following information applies to the questions displayed below) The following are the transactions for the month of July Unit Selling Price July 1 Beginning Inventory July 13 Purchase July 25 Sold July 31 Ending Inventory eBook Units Unit cost 54 $10 270 12 (100) 224 $16 Print References M7-8 Calculating Cost of Goods Available for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic LIFO [LO 7-3] Calculate cost of goods available for sale and ending inventory, the sales, cost of goods sold, and gross pront, under LIFO Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) LED Perioda Cost per Unit Total beginning Purces 3 July 25 July 31 Sold Ending Inventory (100 224 $16 Part 2 of 3 M7-8 Calculating Cost of Goods Avallable for Sale, Ending Inventory, Sales, Cost of Goods Sold, and Gross Profit under Periodic LIFO [LO 7-3] 25 points Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) eBook LED Periodic Uniti Cost per Unit Total Beginning Inventory Purchases July 13 Goods Available for Sale Cost of Goods Soid Total Cost of Goods Sold Ending Inventory LIFO. (Periodis) Sales Como Goods Sold Gr Pute

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