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Inventory Valuation noisula vainaval The Bryson Company's inventory records of two parts used to produce vacuum cleaners are shown below. The brush and cord
Inventory Valuation noisula vainaval The Bryson Company's inventory records of two parts used to produce vacuum cleaners are shown below. The brush and cord assemblies are stored until they are issued to the manufacturing division. For both parts, find the value of the ending inventory for each inventory method listed, to the nearest cent. Where required, find the unit cost of the ending inventory. Note that the ending inventory is not given and will have to be calculated. 7. What is the ending inventory, in units? Inventory Record Stock Item: Brush Assembly Stock # BR-12-Z Date Transaction Units Unit Cost Total Value 2-1 Beginning Inventory 152 $6.62 $1,006.24 2-1 Received 800 6.55 5,240.00 2-81 Received 700 6.60 4,620.00 8. Using FIFO, what is the value 2-15 Received 1,200 6.40 7,680.00 of the ending inventory of brush 2-22 Received 450 6.75 3,037.50 assemblies? 2-28 Issued This Month 2,582 2-28 Ending Inventory
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