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MC Qu. 15 Sanfillipo, Inc., had 800 units of inventory... Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current
MC Qu. 15 Sanfillipo, Inc., had 800 units of inventory... Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of inventory during the month of March were as follows: Purchases Sales 600 units Date March 8 15 22 27 400 units @ $22 each 400 units @ $24 each 400 units Sanfillipo uses the perpetua/inventory system. According to a physical count, 600 units were on hand at the end of March. The cost of goods sold for March applying the FIFO method is: Multiple Choice $22,400 $20,400 $20.960 O $21500 MC Qu. 16 Sanfillipo, Inc., had 800 units of inventory... Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of inventory during the month of March were as follows: Purchases Sales 600 units Date March 8 15 22 27 400 units @ $22 each 400 units @ $24 each 400 units Sanfillipo uses the perpetual inventory system. According to a physical count, 600 units were on hand at the end of March. The cost of goods sold for March applying the average cost method is: Multiple Choice $20.400 O $22.400 $20.960 $21.500 MC Qu. 09 Sanfillipo, Inc., had 800 units of... Sanfillipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of inventory during the month of March were as follows: Purchases Sales 600 units Date March 8 15 22 27 400 units @ $22 each 400 units @ $24 each 400 units Sanfillipo uses the periodic inventory system. According to a physical count, 600 units were on hand at the end of March. The cost of inventory at the end of March applying the FIFO method is: Multiple Choice $12.900 $12.000 $14,000 $14,400 MC Qu. 10 Sanfillipo, Inc., had 800 units of... Sanfilipo, Inc., had 800 units of inventory on hand at March 1 of the current year, costing $20 each. Purchases and sales of inventory during the month of March were as follows: Date Purchases Sales March 8 600 units 15 400 units @ $22 each 400 units @ $24 each 27 400 units 22 Sanfillipo uses the periodic inventory system. According to a physical count, 600 units were on hand at the end of March. The cost of inventory at the end of March applying the LIFO method is: Multiple Choice O $14.400 $14,000 O $12.900 $12.000
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