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Inventory Inbound Inventory Outbound Inventory Balances COMPLETE THE FOLLOWING TABLE: Date Units Receipt Unit Cost Units Units break down Issues Unit Cost Total Cost of
Inventory Inbound | Inventory Outbound | Inventory Balances | COMPLETE THE FOLLOWING TABLE: | ||||||||||||||
Date | Units | Receipt Unit Cost | Units | Units break down | Issues Unit Cost | Total Cost of Issue (CoGS) | Units break down | Balance Unit Cost | Cost of Inventory | Total Cost of Inventory | For the Jan 1 to Mar 31 Period, calculate the following: | ||||||
01-Apr | 450 | $6.50 | $2,925.00 | $2,925.00 | |||||||||||||
15-Apr | 300 | Costs of Goods Sold | Closing Inventory | ||||||||||||||
30-Apr | 300 | $6.60 | $$$ | Units | $$$ | ||||||||||||
01-May | 100 | FIFO | ??? | ??? | ??? | ||||||||||||
15-May | 200 | LIFO | ??? | ??? | ??? | ||||||||||||
01-Jun | 400 | $6.70 | WAC | ??? | ??? | ??? | |||||||||||
15-Jun | 300 | ||||||||||||||||
01-Jul | 400 | $6.80 | |||||||||||||||
15-Jul | 200 | ||||||||||||||||
01-Aug | 100 | ||||||||||||||||
15-Aug | 250 | $6.90 | |||||||||||||||
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