*My profesor Change execise. Ineed only this exesice not all pages. PE 7-2A (page 350) - Perpetual inventory LIFO PE 7-3A (page 350) - Perpetual inventory : FIFO PE 7-4A (page 351) - Perpetual inventory record: weighted average NOTE: Inventory 75 units PE 7-6A (page 351) - Application of the rule of acquisition cost or market NOTE: Inventory Quantity 1,265 and 6,565 PR 7-4A (page 359) - Periodic inventory using the three methods. . Note: Present transactions.

350 Chapter 7 Inventories EE7-1 5PE 7-1B Cost flow methods The following three identical units of Item Beta are purchased during June: Item Bata Units Purchase Purchase s 50 60 June2 12 23 Tot Average cost per unit $180 (5180 . ,units) Determine the gross profit for June and ending inventory on June 30 (a) first-in, first using the Assume that one unit is sold on June 27 for $110. verage cost 0411 |- PE 7-2A Perpetual inventory using-, L-1 Beginning inventory, purchases, and sales for Item ProX2 are as follows EE 7-2 60 units at $100 Jan t 1 Inventory 13 Purchase 50units at $110 25 Sale 48 units Assuming a perpetual ieventory system and using the first-in, first-out (FIFO) method termine (a) the cost of merchandise sold on January 25 and (b) the inventory on January 31 RL1 73Y PE 7-2B Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Delta are as follows: y 1 Inventory 50 units at 515 15 Purchase 90 units at 518 24 Sale Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method detenmsine (ao the cost of merchandise sold on July 24 and Ob) the inventory on July . F PE 7-3A Beginning inventory, purchases, and sales for Item Zebra 9x are as follows: Perpetual inventory using . i r Inventory 420 units at $8 300 units 280 units at $9 250 units 20 18 Sale Assuming a perpetual lnventory s mine (a) the cont of merchandise sysem and using the last sold on April 27 and (b) the inventory on in, first-out (LIFO) method, detcr 73 PE 7-38 Perpetual inventory using LIFO Beginning teventory, parchases, and sales for ttem Foxtrot are as follows 270 units at 518 Ma 1 Inventory 225 units 375 units at 520 240 units 15 Assuming a perpetual ieventory systerm and using the last-in, first-out (LIFO) method, de termine (a) the cot of merchandise sold on March 27 and (b) the inventory on March nventory on March 31