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ES ACC 113 Project 10 During the month of September 2015, Emily Company had the following information regarding the buying and selling of its inventory. ng ty Sept. 1 Beginning inventory of 320 units @ $150 per unit. 8 Purchased 455 units @ $160 per unit. 12 Sold 270 units. 17 Sold 100 units. 23 Purchased 130 units @ $180 per unit. 25 Purchased 180 units @ $190 per unit. 30 Sold 130 units. Your answer is correct Compute the Goods Available for Sale (in both Units and Dollars). (Do not use dollar signs ($) when entering amounts. To see comma-forma enter your answers with commas.) Date Units Cost/Unit Amount Sept. 1 Beginning Inventory 320 150 48000 Sept. 8 Purchases 455 160 72800 M Sept. 23 Purchases 130 180 23400 Sept. 25 Purchases M V 180 190 34200 Goods Available for Sale 1085 178400 Compute the total units sold and total units in the ending inventory. Total Units Sold 500 Units in the Ending Inventory 585 Your answer is partially correct. Try again. Compute the value of the ending inventory at the end of September under the FIFO periodic cost flow assumption. (Do not use dollar signs reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total X Sept. 8 455 160 X $ 72800 Sept. 23 v 130 180 23400 M Sept. 25 180 190 34200 X Ending Inventory 585 130400 Compute the value of the cost of goods sold at the end of September under the FIFO periodic cost flow assumption. (Do not use dollar signs ($) numbers reflected in your final answers, you must enter your answers with commas.) Cost of Goods Sold v Goods Available for Sale Iminus Ending Inventory x 178400 130400 w 48000 Before moving onto the next section, please do the following (for screen help, click on the hyperlinks below): 1. Scroll to the end of the page and click on the "Save for Later" button to save your work. 2. When you are ready to begin the next section, you can reference the work that you have completed by clicking on the "Printer Version your saved answers in a new window to help you complete the next section. Your answer is partially correct. Try again. Compute the value of the ending inventory at the end of September under the LIFO periodic cost flow assumption. (Do not use dollar sign reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Sept. 1 320 150 48000 Sept. 8 455 160 72800 775 120800 Compute the value of the cost of goods sold at the end of September under the LIFO periodic cost flow assumption. (Do not use dollar signs numbers reflected in your final answers, you must enter your answers with commas.) Cost of Goods Sold Goods Available for Sale minus Ending Inventory 174800 120800 54000 Before moving onto the next section, please do the following (for screen help, click on the hyperlinks below): 1. Scroll to the end of the page and click on the "Save for Later" button to save your work. 2. When you are ready to begin the next section, you can reference the work that you have completed by clicking on the "Printer Ver your saved answers in a new window to help you complete the next section. Complete these steps each time you have finished a section. Do not click on the "Submit Answers" button until you have completed al LINK TO TEXT LINK TO TEXT Your answer is partially correct. Try again. Compute the value of the cost of goods sold at the end of September under the FIFO perpetual cost flow assumption. (Do not use dollar signs ($ numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Sept. 1 320 150 48000 x Sept. 8 455 160 72800 Sept. 12 260 150 39000 Sept. 17 v 50 160 8000 Cost of Goods Sold 1085 167800 Compute the value of the ending inventory at the end of September under the FIFO perpetual cost flow assumption. (Do not use dollar signs ($) w numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Sept. 23 130 180 48000 Sept. 25 180 190 72800 Sept. 30 130 160 20800 Ending Inventory 440 141600 Your answer is partially correct. Try again. CES ct ring Compute the value of the cost of goods sold at the end of September under the LIFO perpetual cost flow assumption. (Do not use numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total udy Sept. 1 v 320 150 48000 X Sept. 8 455 160 72800 X Sept. 12 270 160 43200 Cost of Goods Sold X 1045 164000 Compute the value of the ending inventory at the end of September under the LIFO perpetual cost flow assumption. (Do not use dol numbers reflected in your final answers, you must enter your answers with commas.) Date Number of Units Cost/Unit Total Sept. 17 v 100 160 16000 Sept. 23 130 180 23400 X Sept. 25 180 190 34200 Sept. 30 130 190 24700 Ending Inventory 540 98300 Before moving onto the next section, please do the following (for screen help, click on the hyperlinks below): 1. Scroll to the end of the page and click on the "Save for Later" button to save your work. mere to search