on the book Return to Blackboard I U Weygandt, Financial Accounting, 10e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-3 x Your answer is incorrect. Try again. In its first month of operations, Sheridan Company made three purchases of merchandise in the following sequence: (1) 125 units at $7 (2) 450 units at $8, and (3) 125 units at $9. Assuming there are 300 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Sheridan uses a periodic Inventory system FIFO (a) Cost of the ending inventory L 700 LIFO (b) Cost of the ending inventory J 2700 Click if you would like to Show Work for this questioni Qen Show Work LINK TO TEXT Activate Windows Go to Settings to activate Windows Question Attempts: 3 of 15 used SAVE FOR LATER SUBMIT ANSWER 1:55 PM ere to search ORL we 9 A 30/2020 DOLL IS Weygandt, Financial Accounting, 10e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT Brief Exercise 6-4 In its first month of operations, Pharoah Company made three purchases of merchandise in the following sequence: (1) 155 units at $10, (2) 560 units at $11, and (3) 135 units at $12. Calculate the weighted average unit cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted average unit cost LINK TO TEXT VIDEO TUTORIAL Compute the cost of the ending inventory under the average cost method, assuming there are 290 units on hand. (Round answer to o decimal places, e.g. 1,250.) The cost of the ending Inventory Click if you would like to Show Work for this questioni Open Show Work LINK TO TEXT VIDEO TUTORIAL Activate Windows Question Attempts: 0 of 15 used SAVE FOR LATER SUBMIT ANSWER Ad Otwie 9 A 155 PM to search 130/2020 DELL meCheggcom N Netflix M Inbox (692) - waqas Facebook If a person sees it a. Uw book Plagiarism and gra. Course Hero Welcome, Maryam Return to Blackboard DITI LU Weygandt, Financial Accounting, 10e Help System Announcements CALCULATOR PRINTER VERSION BACK NEXT SOURCES Exercise 6-5 Blue Spruce's Boards sells a snowboard, Xpert, that is popular with snowboard enthusiasts. Information relating to Blue Spruce's purchases of Xpert snowboards during September is shown below. During the same month, 248 Xpert snowboards were sold. Blue Spruce's uses a periodic inventory system. Date Unit Cost $98 105 Total Cost $5,194 9,660 Sept. 1 Sept. 12 Sept. 19 Sept. 26 Explanation Units Inventory 53 Purchases 92 Purchases 41 Purchases 103 Totals 289 109 11,433 $30,756 Part Level Compute the ending inventory at September 30 and cost of goods sold using the FIFO and UFO methods FIFO LIFO 2A. (Part SAP The ending inventory at September 30 Cost of goods sold ults by Study LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO SIMILAR EXERCISE Activate Windows Go to Settings to activaro Windows For both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. A 207 PM Type here to search 30/2020 DOLL Return to Blackboard levPLUS Weygandt, Financial Accounting, 10e Help System Announcements CALCULATOR Exercise 6-7 (Part Level Submission) Kingbird, Inc. uses the periodic inventory system and reports the following for the month of June. MENT RESOURCES lomework Exercise 6-1 Exercise 6-3 Exercise 6-4 - Exercise 6-5 Exercise 6-7 Ercise 6-1 June 1 12 23 30 Inventory Purchase Purchase Inventory Units 516 1,032 774 258 Unit Cost $5 9 10 Total Cost $2,580 9,288 7,740 crcise 6.5 ercise 67 Part Leve abmission wercise 6-11 oblem 62A (Part vel Submission) Toblem 65A (Part vel Submission) Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO. FIFO LIFO Cost of the ending inventory Cost of goods sold view score wiew Results by Study tective Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO SIMILAR EXERCISE Activate Attempts of 15 used SAVE FOR LATES Type here to search O iwe 9 DOLL
