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need 4A 5A and 6A solved PE 6-4A Beginning inventory, purchases, and sales for 30xT are as follows: Perpetual inventory using weighted average EE 6-4

image text in transcribedneed 4A 5A and 6A solved

PE 6-4A Beginning inventory, purchases, and sales for 30xT are as follows: Perpetual inventory using weighted average EE 6-4 p.280 OBJ.3 May 1 12 23 26 Inventory Sale 50 units at $80 35 units 60 units at $90 55 units Sale Assuming a perpetual inventory system and using the weighted average method, deter- mine (a) the weighted average unit cost after the May 23 purchase, (b) the cost of the merchandise sold on May 26, and (c) the inventory on May 31 EE6-4 p.280 PE 6-4B Perpetual inventory using weighted average OBJ.3 Beginning inventory, purchases, and sales for WCS12 are as follows: Oct 1 300 units at 58 175 units 375 units at $10 280 units 29 Assuming a perpetual inventory system and using the weighted average method, deter- mine (a) the weighted average unit cost after the October 22 purchase, (b) the cost of the merchandise sold on October 29, and (c) the inventory on October 31. EE 6-s p.283 PE 6-5A Periodic inventory using FIFO, LIFO, and weighted average cost methods BJ. The units of an item available for sale during the year were as follows: Jan. 1 Aug 7 Dec. 11 Inventory12 units at $5,400 $ 64800 18 units at $6,000 108.000 Purchase 15 units at $6480 9700 Available for sale 45 units There are 14 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and () the weighted average cost method EE6-5 p.283 PE 6-5B Periodic inventory using FIFO, LIFO, and weighted average cost methods OBJ.4 The units of an item available for sale during the year were as follows: Jan. 1 Aug. 13 Nov. 30 Inventory 20units at $360 260 units at $342 40 units at $357 7,200 88,920 14,280 0.400 Available for sale 320 units There are 57 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method. EE6-6 p.286 PE 6-6A Lower-of-cost-or-market method OBJ. On the basis of the following data, determine the value of the inventory at the lower of cost or market. Apply lower of cost or market to each inventory item, as shown in Exhibit 10. r Market Value per Unit Cost per Net Realizable Value) Raven 10 ,200 Dove 23 6,500 S115 17

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