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Need help for the question in the photo. Time is limited so please respond ASAP. 1. 2 a. 2 b. 39 Synergy Company began 2020
Need help for the question in the photo. Time is limited so please respond ASAP.
39 Synergy Company began 2020 with 20,500 units of Product X in its inventory that cost $780 per unit and it made successive Qurchases of the product as follows. Mar May Aur 7 27,500 units OS 9.20 each 25 32,580 units @ $11.30 each 123,eee units $12.30 cach 16 32,500 units @ $15.00 each 6 port The company uses a periodic inventory system. On December 31, 2020, a physical count disclosed that 16.500 units of Product remained in inventory Required: 1. Calculate the number and total cost of the units available for sale during 2020, Nurnber of units Total cost of the units 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold assuming .. FIND 2. Prepare calculations showing the amounts that should be assigned to the 2020 ending inventory and to cost of goods sold 39 assuming A. FIFO G Total cost of the units for sale 013202 Cost of units sold b. Weighted average cost basis. (Round the "Average cost per unit" answer to 2 decimal places) b. Weighted average cost basis (Round the "Average cost per unit" answer to 2 decimal places.) Total cost of the units for sale Cost of units sold 1.
2 a.
2 b.
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