k Inventories and Cost of Sales Exercises. 6 Saved Help Save & Exit Submit Check my...
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k Inventories and Cost of Sales Exercises. 6 Saved Help Save & Exit Submit Check my work Required information [The following information applies to the questions displayed below) Hemming Company reported the following current-year purchases and sales for its only product Date January 1 January 20 March 14 March 15 July 30 October 5 October 26 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Units Acquired at Cust 290 units $13.60 Units Sold at Retail 5:3,944 260 units $43.60 500 units $18.60 9.300 430 units $43.60 450 units $23.00 11,564 470 units $43.00 190 units 1,470 units $28.60 5,434 530,242 1,100 units Ending inventory consists of 40 units from the March 14 purchase, 80 units from the July 30 purchase, and all 190 units from the October 26 purchase. Using the specific identification method, calculate the following. al Cost of Goods Solid using Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Ending Inventory k Inventories and Cost of Sales Exercises. 6 Saved Help Save & Exit Submit Check my work Required information [The following information applies to the questions displayed below) Hemming Company reported the following current-year purchases and sales for its only product Date January 1 January 20 March 14 March 15 July 30 October 5 October 26 Activities Beginning inventory Sales Purchase Sales Purchase Sales Purchase Totals Units Acquired at Cust 290 units $13.60 Units Sold at Retail 5:3,944 260 units $43.60 500 units $18.60 9.300 430 units $43.60 450 units $23.00 11,564 470 units $43.00 190 units 1,470 units $28.60 5,434 530,242 1,100 units Ending inventory consists of 40 units from the March 14 purchase, 80 units from the July 30 purchase, and all 190 units from the October 26 purchase. Using the specific identification method, calculate the following. al Cost of Goods Solid using Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Ending Inventory
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