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Need help on this last part of the homework if someone can send it over that be great (a2) Calculate the cost of the ending
Need help on this last part of the homework if someone can send it over that be great
(a2) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to O decimal places, e.g. 5,125. Round answers to O decimal places, e.g. 125.) FIFO LIFO Moving-Av $ $ $ The cost of the ending inventory The cost of goods sold $ $ $ f Homework 6: Chapter 6 Question 11 of 12 0.3 / 1 Inventory data for Cullumber Company are presented as follows. Date Units Unit Cost June 1 Explanation Inventory Purchases $5 109 335 Total Cost $545 2,010 1,428 12 6 23 Purchases 204 7 30 Inventory 205 Assume a sale of 394 units occurred on June 15 for a selling price of $7 and a sale of 49 units on June 27 for $8. (a1) Your Answer Correct Answer (Used) Calculate the average cost per unit, using a perpetual inventory system. (Round answers to 3 decimal places, e.g. 5.125.) June 1 $ 5 June 12 $ 5.755 June 15 $ 5.755 June 23 $ 6.756 June 27 $ 6.756Step by Step Solution
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