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Need help with the following questions Use the following data ofMakrelMakrelSales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 10 $6 $60 Purchase

Need help with the following questions

Use the following data ofMakrelMakrelSales, Inc.:

Unit

Total

Units

Units

Cost

Cost

Sold

Beginning inventory

10

$6

$60

Purchase on Apr 25

39

8

312

Purchase on Nov 16

16

10

160

Sales

40

?

?

MakrelMakrel

Sales' LIFO cost of ending inventory would be

A.$ 205$205.

B.$ 180$180.

C.$ 232$232.

D.$ 400$400.

Use the following data ofTortoiseTortoiseSales, Inc.:

Unit

Total

Units

Units

Cost

Cost

Sold

Beginning inventory

18

$6

$108

Purchase on Apr 25

40

7

280

Purchase on Nov 16

19

8

152

Sales

40

?

?

TortoiseTortoise

Sales' average cost of ending inventory is

A.$ 259$259.

B.$ 278$278.

C.$ 320$320.

D.$ 241$241.

Use the following data of

StingrayStingray

Sales, Inc.:

Unit

Total

Units

Units

Cost

Cost

Sold

Beginning inventory

14

$3

$42

Purchase on Apr 25

41

5

205

Purchase on Nov 16

11

9

99

Sales

50

?

?

StingrayStingraySales uses a FIFO inventory system. Cost of goods sold for the period is

A.$ 294$294.

B.$ 222$222.

C.$ 262$262.

D.$ 450$450.

image text in transcribed Use the following data of MakrelMakrel Sales, Inc.: Beginning inventory Purchase on Apr 25 Purchase on Nov 16 Sales Units 10 39 16 40 Unit Cost $6 8 10 ? MakrelMakrel Sales' LIFO cost of ending inventory would be A. $ 205$205. B. $ 180$180. C. $ 232$232. D. $ 400$400. Total Cost $60 312 160 ? Units Sold

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