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I need help with the specific identification of March 29, and with the gross profit. Check my work Part 3 of 4 Required information Problem

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I need help with the specific identification of March 29, and with the gross profit.

Check my work Part 3 of 4 Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below.) 0.5 points Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail eBook Units Acquired at Coat 220 units @ $53.40 per unit 285 units @ $58.40 per unit Print 380 units & $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totale 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units & $98.40 per unit 630 units 920 units Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (0) LIFO. (C) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. Chap 6 - HW - Required 0 Saved Help Save & Exit Submit Check my work Required information om beginning inventory 5 purchase. Part 3 of 4 Inventory Balance Specific Identification: Goods Purchased # of Cost per Date units unit March 1 March 5 285 @ $58.40 Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold # of units 0.5 points 220 220 285 @ @ cost per Inventory Balance unit $53.40 = S 11,748.00 $53.40 = S 11,748.00 $ 58.40 = 16,644.00 S 28,392.00 eBook Print March 9 125 255 $53.40 $58.40 = = S 8,675.00 14,892.00 S 21,567.00 95 30 $53.40 = $58.40 = @ @ $ S S March 18 L 145 @ $63.40 95 @ 30 @ 145 @ $53.40 = 5 $58.40 = $63.40 = 5,073.00 1,752.00 6.825.00 5 .073.00 1,752.00 9,193.00 16,018.00 S March 25 270 @ $65.40 $ 95 30 145 270 @ @ @ @ $53.40 - $58.40 = $63.40 = $65.40 = 5,073.00 1,752.00 9,193.00 17,658.00 33,676.00 5,073.00 S $ March 29 0 @ $53.40 = $ 0.00 95 @ $53.40 = Chap 6 - HW - Required 0 Saved Help Save & Exit Submit Check my work Required information 20,392.00 March 9 S Part 3 of 4 125 255 @ @ $53.40 $58.40 L = = 6,675.00 14,892.00 21,567.00 95 @ 301 @ $53.40 = $58.40 = S S S S $ 0.5 March 18 I 145 $ 63.40 95 30 145 points 5,073.00 1,752.00 6,825.00 5,073.00 1,752.00 9.193.00 16,018.00 $53.40 = $ 58.40 = $63.40 = @ @ eBook S Print March 25 270 @ $65.40 S 95 30 145 270 @ @ @ @ $53.40 = $58.40 = $63.40 = $65.40 = 5,073.00 1.752.00 9,193.00 17,658.00 33,676.00 S March 29 S S 0 o = = 95 30 5,073.00 1,752.00 @ @ @ @ $53.40 $58.40 $63.40 $65.40 0.001 0.00 0.001 0.00 @ @ @ @ $53.40 = $58.40 = $63.40 $65.40 = S S 6,825.00 6,825.00 Totals S 21,567.00 Chap 6 - HW - Required i Seved Help Save & Exit Submit Check my work for March Units Sold at Retail Units Acquired at Cast. 220 units @ $53.40 per unit 285 units @ $58.40 per unit Part 4 of 4 380 units & $88.40 per unit. Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totala 145 units @ $63.40 per unit 270 units @ $65.40 per unit 0.5 250 units & $98.40 per unit 630 units 920 units points Skipped eBook Problem 6-1A Part 4 Print 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) Gross Margin FIFO LIFO Avg. Cost Spec. ID Sales Less: Cost of goods sold Gross profit A Check my work Part 3 of 4 Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below.) 0.5 points Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail eBook Units Acquired at Coat 220 units @ $53.40 per unit 285 units @ $58.40 per unit Print 380 units & $88.40 per unit Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totale 145 units @ $63.40 per unit 270 units @ $65.40 per unit 250 units & $98.40 per unit 630 units 920 units Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (0) LIFO. (C) weighted average, and (d) specific identification. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. Chap 6 - HW - Required 0 Saved Help Save & Exit Submit Check my work Required information om beginning inventory 5 purchase. Part 3 of 4 Inventory Balance Specific Identification: Goods Purchased # of Cost per Date units unit March 1 March 5 285 @ $58.40 Cost of Goods Sold # of units Cost per Cost of Goods sold unit Sold # of units 0.5 points 220 220 285 @ @ cost per Inventory Balance unit $53.40 = S 11,748.00 $53.40 = S 11,748.00 $ 58.40 = 16,644.00 S 28,392.00 eBook Print March 9 125 255 $53.40 $58.40 = = S 8,675.00 14,892.00 S 21,567.00 95 30 $53.40 = $58.40 = @ @ $ S S March 18 L 145 @ $63.40 95 @ 30 @ 145 @ $53.40 = 5 $58.40 = $63.40 = 5,073.00 1,752.00 6.825.00 5 .073.00 1,752.00 9,193.00 16,018.00 S March 25 270 @ $65.40 $ 95 30 145 270 @ @ @ @ $53.40 - $58.40 = $63.40 = $65.40 = 5,073.00 1,752.00 9,193.00 17,658.00 33,676.00 5,073.00 S $ March 29 0 @ $53.40 = $ 0.00 95 @ $53.40 = Chap 6 - HW - Required 0 Saved Help Save & Exit Submit Check my work Required information 20,392.00 March 9 S Part 3 of 4 125 255 @ @ $53.40 $58.40 L = = 6,675.00 14,892.00 21,567.00 95 @ 301 @ $53.40 = $58.40 = S S S S $ 0.5 March 18 I 145 $ 63.40 95 30 145 points 5,073.00 1,752.00 6,825.00 5,073.00 1,752.00 9.193.00 16,018.00 $53.40 = $ 58.40 = $63.40 = @ @ eBook S Print March 25 270 @ $65.40 S 95 30 145 270 @ @ @ @ $53.40 = $58.40 = $63.40 = $65.40 = 5,073.00 1.752.00 9,193.00 17,658.00 33,676.00 S March 29 S S 0 o = = 95 30 5,073.00 1,752.00 @ @ @ @ $53.40 $58.40 $63.40 $65.40 0.001 0.00 0.001 0.00 @ @ @ @ $53.40 = $58.40 = $63.40 $65.40 = S S 6,825.00 6,825.00 Totals S 21,567.00 Chap 6 - HW - Required i Seved Help Save & Exit Submit Check my work for March Units Sold at Retail Units Acquired at Cast. 220 units @ $53.40 per unit 285 units @ $58.40 per unit Part 4 of 4 380 units & $88.40 per unit. Date Activities Mar. 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar. 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totala 145 units @ $63.40 per unit 270 units @ $65.40 per unit 0.5 250 units & $98.40 per unit 630 units 920 units points Skipped eBook Problem 6-1A Part 4 Print 4. Compute gross profit earned by the company for each of the four costing methods. For specific identification, the March 9 sale consisted of 125 units from beginning inventory and 255 units from the March 5 purchase; the March 29 sale consisted of 105 units from the March 18 purchase and 145 units from the March 25 purchase. (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.) Gross Margin FIFO LIFO Avg. Cost Spec. ID Sales Less: Cost of goods sold Gross profit A

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