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its one question with subparts please help me out i am in need Help Seve El The Stilton Company has the following inventory and credit
its one question with subparts
Help Seve El The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31, 2020 Beginning Feb. 10 Aug. 21 563 units $94/unit 295 units @ $91/unit 175 units @ $104/unit Stilton Company has two credit sales during the period. The units have a selling price of S154 per unit Mar. 15 Sept. 10 Sales 375 units 200 units Stilton Company uses a perpetual inventory system Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using (Do not round intermediate calculations. Round "Average cost per unit" to 2 decimal places. Round the final answers to 2 decimal places.) a $ FIFO b Moving weighted average Ending Inventory Cost of Goods Sold 36,673005 61.294 00 36.250.205 61.715.75 5 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows: Mar. 15: 197 units from beginning inventory 178 units from the February 10 purchase Sept. 10: 192 units from beginning inventory 29 units from the February 10 purchase 59 units from the August 21 purchase Ending Cost of Goods Inventory Sold $ 36.428 5 61,539 Specific Identification Help Save & Ex Subm 2 3. Using information from your answers in Parts 1 and 2 journalize the credit purchase on February 10 and the credit sale on September 10 for each of 2. FIFO 10 DOS View transaction list Pris Deferences Journal entry worksheet please help me out i am in need
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