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Kirtland Corporation uses a periodic Inventory system. At the end of the annual accounting period, December 31, the accounting records for the most populariter in

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Kirtland Corporation uses a periodic Inventory system. At the end of the annual accounting period, December 31, the accounting records for the most populariter in inventory showed the following: Tractor Unit Cost Beginning inventory Jersary 1 430 $0.00 Transactions during the year Purchase, January 30 330 3.70 b Purchase, May 1 400 7.00 Sale (Bosch (100) Se 8 echi 1730) e Required a. Compute the amount of goods available for sale Goods available for sale Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31, the accountin Transactions Units Unit Cost Beginning inventory, January 1 430 $6.00 Transactions during the year. Purchase, January 30 330 3.70 b. Purchase, May 1 490 7.00 Sale ($8 each) (190) d. Sale ($8 each) (730) a. c. Required: a. Compute the amount of goods available for sale. Goods available for sale b. & c. Compute the amount of ending Inventory and cost of goods sold at December 31, under Average cost, First-in, first-out, Last identification, assume that the first sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of Jam beginning inventory, with the balance from the purchase of May 1. (Do not round intermediate calculations. Round "Average Cou Average Cost First-In, First-Out Last-In, First-Out Specific Identification Ending inventory Cost of goods sold Goods available for sale b. & c. Compute the amount of ending inventory and cost of goods sold at December 31, under Average cost, First-in, first-out, Last-in, first-out identification, assume that the first sale was selected two-fifths from the beginning inventory and three-fifths from the purchase of January 30. As beginning inventory, with the balance from the purchase of May 1. (Do not round intermediate calculations. Round "Average Cost and Spec Average Cost First-In, First-Out Last-In, First-Out Specific Identification Ending inventory Cost of goods sold 02020 Mc Education Alle MacBook Air DOD

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