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Need help with 4 answers June 1 Balance, July 28 Balance, and Aug 27 cost of goods sold and Balance. *Brief Exercise 6-9 Rosario Department
Need help with 4 answers June 1 Balance, July 28 Balance, and Aug 27 cost of goods sold and Balance.
*Brief Exercise 6-9 Rosario Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date May 7 July 28 Number of Units 141 84 Unit Price $10 13 On June 1, Rosario sold 73 units, and on August 27, 112 more units. Don't show me this message again for the assignment Your answer is correct. Prepare the perpetual inventory schedule for the above transactions using FIFO. (Round answers to 0 decimal places, e.g. 1,250.) Date May 7 June 1 July 28 Aug. 27 Product E2-D2 Purchase Cost of Goods Balanc s Sold e $ $ $ 1410 1410 $ $ 730 $ 680 $ 1092 $ $ 1772 $ $ 1252 $ 520 Don't show me this message again for the assignment Your answer is correct. Prepare the perpetual inventory schedule for the above transactions using LIFO. (Round answers to 0 decimal places, e.g. 1,250.) Date Product E2-D2 Purchase Cost of Goods s Sold Balanc e May 7 June 1 July 28 Aug. 27 $ 1410 $ $ 1410 $ $ 730 $ 680 $ 1092 $ $ 1772 $ $ 1372 $ 400 Don't show me this message again for the assignment Your answer is partially correct. Try again. Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answers to 0 decimal places, e.g. 1,250.) Product E2-D2 D Purc at hase e s M $ ay 1410 7 Ju ne 1 Cost of Goods Sold $ $ $ 730 Jul $ y 1092 28 $ Au g. 27 $ $ 799 Don't show me this message again for the assignment Question Attempts: 4 of 5 used Copyright 2000-2016 by John Wiley & Sons, Inc. or related companies. All rights reservedStep by Step Solution
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