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periodic inventory by three methods Number Date Transaction of Units Per Unit Total Jan. 1 Inventory 7,500 $75.00 $562,500 10 Purchase 22,500 85.00 1,912,500 28
periodic inventory by three methods Number Date Transaction of Units Per Unit Total Jan. 1 Inventory 7,500 $75.00 $562,500 10 Purchase 22,500 85.00 1,912,500 28 Sale 11,250 150.00 1,687,500 30 Sale 3,750 150.00 562,500 Feb. 5 Sale 1,500 150.00 225,000 10 Purchase 54,000 87.50 4,725,000 16 Sale 27,000 160.00 4,320,000 28 Sale 25,500 160.00 4,080,000 Mar. 5 Purchase 45,000 89.50 4,027,500 14 Sale 30,000 160.00 4,800,000 25 Purchase 7,500 90.00 675,000 30 Sale 26,250 160.00 4,200,000 xequired 1. Otermine the inventary on March and the cost of merchandise old for the three month perising the finest method and the periode inventory system Merchandise Inventory, March 31 Cont of merchand 2. Oturmine the inventory on March and the cost of machine three month period, using the info and the peony wystem Merchandise inventory. Hach Cast of merchandise 1. storms the story on March and the con marcheremoothie, want we were comethod and the perioden on the weighted average cost to the neatcent and final answer to the nearest dollar Merchande inventory March Costumeando 4. Compare the gross profit and the arch wenning the wing coming to be LIFO Weld Are 19,875,000
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