Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

III Weygandt, Financial Accounting, 10e Help System Announcements Return to Blackboard OURCES CALCULATOR PRINTER VERSION Exercise 6-9 Marigold Corp. uses the periodic inventory system and

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
III Weygandt, Financial Accounting, 10e Help System Announcements Return to Blackboard OURCES CALCULATOR PRINTER VERSION Exercise 6-9 Marigold Corp. uses the periodic inventory system and reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 230 $ 1,150 Purchase 460 3,680 23 Purchase 4,140 30 Inventory 115 345 Level Your answer is correct. Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) n) Part Weighted Average Unit Cost 8.66 LINK TO TEXT Y Study Your answer is incorrect. Try again. Activate Windows Go to Settings to activate Winde alus.com/edugenviiheader unit of the ending Inventory and the cost of goods sold using the average-cost method. (Round answers to o decimal places, e.. 1.250.) 4:56 PM e here to search we 9 DOLL RELAouncements CALCULATOR PRINTER VERSION Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) BAG The ending inventory The cost of goods sold LINK TO TEXT x Your answer is incorrect. Try again. Will the results in to be higher or lower than the results under FIFO and LFO Ending inventory is than LIFO Ending inventory In contrast, cost of goods sota U na pro O huro U manuro O m ar In contrast, cost of goods sold is Click if you would like to Show Work for this questioni Oren Show Work Activate Windows Go to Settings to activate Windows to search 3/30/2020 Owe 9 Weygandt, Financial Accounting, 10e Help System Announcements N CALCULATOR PRINTER VERSION BACK Problem 6-2A (Part Level Submission) Whispering Winds Distribution markets CDs of the performing artist Fishe. At the beginning of October, Whispering Winds had in beginning inventory 4,000 of Fishe's CDs with a unit cost of $7. During October, Whispering Winds made the following purchases of Fishe's CDs. Oct. 3 Oct. 9 5,000 7,000 $8 $9 Oct. 19 6,000 Oct. 25 8,000 $10 $11 During October, 21,800 units were sold. Whispering Winds uses a periodic inventory system x Your answer is incorrect. Try again Determine the cost of goods available for sale. Cost of goods available for sale T 243000 Click if you would like to show Work for this questioni Qran Show Work VIDEO SIMILAR PROBLEM tudy LINK TO TEXT SUBMIT ANSWER Attempts: 2 of 15 used of 15 used SAVE POR LATER SAVE POR LATER A 457 PME 2000 9 Orte here to search Chegg.com N Netflix M Inbox (692) - wagas. Facebook fa person sees ita Plagiarism and gra course Hero Welcome, Maryam - Other bookmarks Return to Blackboard LUS Wevo LU Weygandt, Financial Accounting, 100 Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT "RCES Cost of goods available for sale 243000 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR PROBLEM Attemptsi 2 of 15 used SAVE FOR LATER SUBMIT ANSWER t level (51) The parts of this question must be completed in order. This part wiW be available when you complete the part above (62) Part The parts of this question must be completed in order. This part will be available when you complete the part above by Study Activate Windows (c) The parts of this question must be completed in order. This part will be available when you complete the part above &57 PM Orte 9 pe here to search III Weygandt, Financial Accounting, 10e Help System Announcements Return to Blackboard OURCES CALCULATOR PRINTER VERSION Exercise 6-9 Marigold Corp. uses the periodic inventory system and reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 230 $ 1,150 Purchase 460 3,680 23 Purchase 4,140 30 Inventory 115 345 Level Your answer is correct. Calculate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) n) Part Weighted Average Unit Cost 8.66 LINK TO TEXT Y Study Your answer is incorrect. Try again. Activate Windows Go to Settings to activate Winde alus.com/edugenviiheader unit of the ending Inventory and the cost of goods sold using the average-cost method. (Round answers to o decimal places, e.. 1.250.) 4:56 PM e here to search we 9 DOLL RELAouncements CALCULATOR PRINTER VERSION Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) BAG The ending inventory The cost of goods sold LINK TO TEXT x Your answer is incorrect. Try again. Will the results in to be higher or lower than the results under FIFO and LFO Ending inventory is than LIFO Ending inventory In contrast, cost of goods sota U na pro O huro U manuro O m ar In contrast, cost of goods sold is Click if you would like to Show Work for this questioni Oren Show Work Activate Windows Go to Settings to activate Windows to search 3/30/2020 Owe 9 Weygandt, Financial Accounting, 10e Help System Announcements N CALCULATOR PRINTER VERSION BACK Problem 6-2A (Part Level Submission) Whispering Winds Distribution markets CDs of the performing artist Fishe. At the beginning of October, Whispering Winds had in beginning inventory 4,000 of Fishe's CDs with a unit cost of $7. During October, Whispering Winds made the following purchases of Fishe's CDs. Oct. 3 Oct. 9 5,000 7,000 $8 $9 Oct. 19 6,000 Oct. 25 8,000 $10 $11 During October, 21,800 units were sold. Whispering Winds uses a periodic inventory system x Your answer is incorrect. Try again Determine the cost of goods available for sale. Cost of goods available for sale T 243000 Click if you would like to show Work for this questioni Qran Show Work VIDEO SIMILAR PROBLEM tudy LINK TO TEXT SUBMIT ANSWER Attempts: 2 of 15 used of 15 used SAVE POR LATER SAVE POR LATER A 457 PME 2000 9 Orte here to search Chegg.com N Netflix M Inbox (692) - wagas. Facebook fa person sees ita Plagiarism and gra course Hero Welcome, Maryam - Other bookmarks Return to Blackboard LUS Wevo LU Weygandt, Financial Accounting, 100 Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT "RCES Cost of goods available for sale 243000 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR PROBLEM Attemptsi 2 of 15 used SAVE FOR LATER SUBMIT ANSWER t level (51) The parts of this question must be completed in order. This part wiW be available when you complete the part above (62) Part The parts of this question must be completed in order. This part will be available when you complete the part above by Study Activate Windows (c) The parts of this question must be completed in order. This part will be available when you complete the part above &57 PM Orte 9 pe here to search

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Biological Assets

Authors: Rute Goncalves, Patricia Teixeira Lopes

1st Edition

1032096225, 9781032096223

More Books

Students also viewed these Accounting questions

Question

=+d) Are all of these rolls within the specification limits?

Answered: 1 week ago

Question

Do you agree that unions stifle creativity? Why or why not?

Answered: 1 week ago

Question

6 What is the selection phase?

Answered: 1 week ago