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Please complete problems 2, 5, & 6 beginning on page 258 using the attached worksheet. Problem 2 What is the total inventory value of the
Please complete problems 2, 5, & 6 beginning on page 258 using the attached worksheet.
Problem 2 What is the total inventory value of the following products? Physical Inventory Month: Type of Product: Product Unit Amount in Storage Purchase Cost Total Cost 6 bags Ground Beef Canned Peaches 10-1b bag 6 #10/cs 50 lb 10/5 lb per case Flour 3-5/6 CS 2 bags 3-8/10 cs $2.10/1b $39.40/cs $22.10/bag $7.50/lb Total Shrimp Problem 5 What is the inventory value of each of the following items at the end of the day? Assume that (1) all items are A items, (2) leftovers are returned to central inventory at the end of the workday, and (3) no products were received. Item Unit Cost/Unit Begin Amount Issued Cost Amount Used Ending Inventory Shrimp Ground Beef Veal Patty Pork Chops Ib 1b each 8 oz Inventory 73 lb 60 lb 29 ea 51 chops $7.35 $2.45 $1.12 $2.90 22 lb 10 lb 12 ea 15 chops 7 chops 18 lb 10 lb 10 ea 16 chops Problem 6 What is the total cost of food issue requisition, given the following? Item Begin Inventory Unit Cost No. Units Issued Total Cost Tomato Paste CS-6/#10 $39.95 1-5/6 2-4/6 Canned Peaches CS-6/#10 $28.40 $21.70 Canned Green Beans CS-6/#10 3 Tomato Juice CS-12/#303 $42.50 7/12
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