here are the instructions...
Perpetual Inventory Account Sheet Crazy Rapid Company beginning inventory and purchases during the year ended December 31, 2018, were as follows: Units Unit Com Total Cost Purchase Unit Cost Date Inventory Balance Unit Oty. Tota Cost of Mdse. Sold Unit Total Oly. Cost Cost Total Cost Inventory $50.000 $50.00 January 1 1,000 Cost Oty. March 10 Purchase 1.200 52.50 63,000 June 25 Sold 800 ROO 44.000 55.00 Purchase August 30 October 5 Sold 1.500 2.000 56.00 112,000 November 26 Purchase December 31 Sold 1.000 Instructions: 1. Determine el costo del inventario el 31 de diciembre de 2019, utilizando el sistema de Inventario perpetuo y cada uno de los siguientes mtodos de clculo del costo de inventaries a. First in, first-out b. Last-in, last-out c. Average cost 2. Determine el costo del inventario el 31 de diciembre de 2019, utilizando el sistema de Inventario periodico y cada uno de los siguientes mtodos de calculo del costo de inventario: a. First-in, first-out b. Last-in, last-out c. Average cost IL Crary Rapid Company beginning inventory and purchases during the year ended December 31, 2018, were as follows: Units Unit Cest Total Cost January 1 Inventory 1,000 $50.00 $50,000 Mart 10 Purchase 1,200 52 50 63.000 Perpetual Inventory Account Sheet June Solid ROO August 30 Purchase 800 55.00 41.000 October Sold 1,500 Date Purchase Unit Total Cost Cost Cast of Mdee. Sold Unit Total Qty. Ce Cost Inventory Balance Unit Oty. Tot Cost Oty. November 26 Purchase 2,000 56.00 117.000 December 31 Sold 1.000 Instructions: 1. Determine the cost of inventory on December 31. 2019, using the perpetual inventory system and each of the following inventory cost calculation methods: a. First-in, first-out b. Last-in, last-out c. Average cost 2. Determine the cost of inventory on December 31, 2019, using the periodic inventory system and each of the following inventory cost calculation methods: a. First-in, first-out b. Last-in, last-out C. Average cost . Cay Rapid Company beginning to and purchases during the yewended December 31, 2011 was Unit Cost ) lan 1 Inventory 1000 $ 0.00 March 10 550.000 ELDOO Purchase L200 52.50 June 25 Purchase 55.00 August 30 October So 2.000 November 26 Purchase December 31 Sol 1.000 Instructions: 1. Determine the cost of inventory on December 31, 2019, using the perpetual inventory system and each of the following inventory cost calculation methods a. First-in, first-out b. Last-in, last-out c. Average cost 2. Determine the cost of inventory on December 31, 2019, using the periodic inventory system and each of the following inventory cost calculation methods: a First-in, first-out b. Last-in, last-out C. Average cost Perpetual laventory Account Sheet Purchase Date Cost of Mise. Sold Uit Total Qty. Cost Cast Total Cost Cost Inventory Balance U Total Cost Cast
