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Indigo Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [18] in the following
Indigo Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [18] in the following perpetual inventory schedule:
Purchases | Cost of Goods Sold | Balance | ||||||||||||||||||
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Date | Units | Cost | Total | Units | Cost | Total | Units | Cost | Total | |||||||||||
Apr. | 1 |
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| 12 | $17 | $204 | |||||||||||
6 | 24 | [1] $enter a dollar amount | $336 |
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| [2] enter a number of units | [3] $enter a dollar amount | ||||||||||||
[4] enter a number of units | [5] $enter a dollar amount | [6] $enter a total amount | ||||||||||||||||||
9 |
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| 12 | [7] $enter a dollar amount | |||||||||||||||
10 | [8] $enter a dollar amount | [9] $enter a total amount | [10] enter a number of units | [11] $enter a dollar amount | [12] $enter a total amount | |||||||||||||||
14 | [13] enter a number of units | $12 | $144 |
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| [14] enter a number of units | [15] $enter a dollar amount | ||||||||||||
[16] enter a number of units | [17] $enter a dollar amount | [18] $enter a total amount |
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