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If possible can you please show me your calculation, I'll use it to study. Thank you. x Homework 6 Saved Required information Problem 6-1A Perpetual:

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If possible can you please show me your calculation, I'll use it to study. Thank you.

x Homework 6 Saved Required information Problem 6-1A Perpetual: Alternative cost flows LO P1 The following information applies to the questions displayed below) Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March Units Sold at Retail Mar. Units Acquired at 160 units@ $52.20 per unit 255 units @ $57.20 per unit Date Activities 1 Beginning inventory Mar. 5 Purchase Mar. 9 Sales Mar 18 Purchase Mar. 25 Purchase Mar. 29 Sales Totals 320 units $87.20 per unit 115 units @ $62.20 per unit 210 units @ $64.20 per unit 740 units 190 units@ $97.20 per unit 510 units Problem 6-1A Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO. (b) LIFO (c/ weighted average, and (d) specific identification For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase. Required information Perpetual FIFO Cost of Goods Sold Goods Purchased # of Cost per units unit # of units sold Cost per Date Cost per Cost of Goods Sold Inventory Balance # of units Inventory unit Balance 160 @ $ 52.20 = $ 8,352.00 unit March 1 March 5 March 9 March 18 March 25 March 29 Totals S 0.00 Required information Perpetual LIFO: Cost of Goods Sold Goods Purchased #of units unit Cost per # of units sold Cost per Cost of Goods Sold Cost per Date Inventory Balance # of units Inventory unit Balance 160 @ $ 5220 = $ 8.352.00 unit March 1 March 5 March 9 March 18 March 25 March 29 Totals 0.00 Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.) Cost of Goods Sold Weighted Average Perpetual: Goods Purchased Date # of units unit March 1 Inventory Balance Cost per # of units sold Cost per Cost of Goods Sold Cost per unit # of units unit Inventory Balance 552 20 = $ 8,352.00 160 @ March 5 Average March 9 March 18 Average March 25 March 29 Totals $ 0.00 Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 95 units from beginning inventory and 225 units from the March 5 purchase; the March 29 sale consisted of 75 units from the March 18 purchase and 115 units from the March 25 purchase. Specific Identification: Goods Purchased # of Cost Date units March Cost of Goods Sold # of units Cost Cost of Goods sold per unit Sold per unit Inventory Balance Cost # of units per unit Inventory Balance 180 $ 52 20 = S 8.352.00 March 5 Marah March 18 March 25 March 20 Totals 0.00

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