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just part b thanks un nand at July 31. Instructions a) Calculate the ending (b) For item 2 of part (a), expl (0) How do
just part b thanks
un nand at July 31. Instructions a) Calculate the ending (b) For item 2 of part (a), expl (0) How do the results for ulate the ending inventory and the cost of goods sold under (1) FIFO and (2) weighted average. item 2 of part (a), explain why the weighted average unit cost is not $6.25. w do the results for part (a) differ from E6-6, where the same information for Dene Company was used in a perpetual inventory system? E6-15) Xpert Snowboards sells an ultra-lightweight snowboard that is considered to be one of the best on the A rket. Information follows for Xpert's purchases and sales of the ultra-lightweight snowboard in October Date Transaction Units Unit Purchase Price Unit Sales Price Oct. 1 Beginning inventory 25 $295 Purchase 30 Sale (42) Purchase 305 Sale (45) 460 Purchase 300 $450 35 27 Purc 20 310 Instructions 1) Calculate the cost of goods sold and the ending inventory using FIFO and weighted average, assuming Xpert uses a perpetual inventory system. (Round the weighted average cost per unit to two decimal places.) (b) What would be the ending inventory and cost of goods sold if Xpert used FIFO and weighted average in a periodic inventory system? (Round the weighted average cost per unit to two decimal places.) *E6-16 Refer to the data for Xpert Snowboards in E6-15. Assume that all of Xpert's sales are for cash and all ofStep by Step Solution
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