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please help im reposting this because the first time the answers was incorrect The following information applies to the questions displayed below.) During the year,

please help im reposting this because the first time the answers was incorrect image text in transcribed
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The following information applies to the questions displayed below.) During the year, Trombley Incorporated has the following inventory transactions. Number of Units Unit Cost $ 14 Date Transaction Jan. 1 Beginning inventory Mar. 4 Purchase Jun. 9 Purchase Nov. 11 Purchase Total Cost $168 221 264 220 $873 For the entire year, the company sells 60 units of inventory for $22 each. Exercise 6-5A Part 1 Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Ending Inventory Cost of Goods Available for Sale Cost of Goods Sold Cost of Cost per Goods # of units unit Available unit G oods Sold for Sale OS OS 0 cost of & # of units Cost per # of units of units per unit Inventory Cost Ending Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total 0 $0 07 02S000 02 00 0 0 $ Exercise 6-5A Part 1 Required: 1. Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. FIFO Cost of Goods Sold Ending Inventory Cost of Goods Available for Sale Cost of # of units Cost per Goods unit Available for Sale # of units Cost per unit Cost of Goods Sold of units Cost Ending per unit Inventory S ODS $ 0 $ of S 0 0 O Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total O Oo O Total _ O Sales revenue Gross profit 11 Wow. 11 Purchase 873 For the entire year, the company sells 60 units of inventory for $22 each. Exercise 6-5A Part 2 2. Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost per Cost of Goods # of units # of units cost per Cost of Goods Sold Cost Ending # of units per unit Inventory Available unit unit for Sale Beginning Inventory Purchases: Mar 04 Jun 09 Nov 11 Total Sales revenue Gross profit Exercise 6-5A Part 3 3. Using weighted average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Average Cost per unit" to 2 decimal places and all other answers to the nearest whole number.) Cost of Goods Available for Sale Cost of Goods Sold - Weighted Average Cost Ending Inventory - Weighted Average Cost Weighted Average Cost Average Average cost of Goods # of units Cost per Available for unit Sale Cost of # of units Sold Cost per # of units In Ending Average Cost per Goods Sold Ending Inventory Unit Inventory unit 168 Beginning Inventory Purchases: 221 Mar 4 Jun 9 Nov. 11 264 220 873 Total Sales revenue Gross profit

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