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Please Help with the numbers 6 4 points On May 10, Hudson Computing sold 81 Millennium laptop computers to Apex Publishers. At the date of
Please Help with the numbers
6 4 points On May 10, Hudson Computing sold 81 Millennium laptop computers to Apex Publishers. At the date of this sale. Hudson's perpetual Inventory records included the following cost layers for the Millennium laptops. Purchase Date Quantity Unit Cost Total Cost Apr. 9 $1,700 $ 96,988 May 1 $1,888 88,280 Total on hand 106 $185, 180 57 49 Prepare journal entries to record the cost of the 81 Millennium laptops sold on May 10, assuming that Hudson Computing uses the following. (Do not round Intermediate calculations. Round your final answers to the nearest dollar amount. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) a. Specific identification method (51 of the units sold were purchased on April 9, and the remaining units were purchased on May 1). b. Average-cost method. C. FIFO method d. LIFO method. Answer is not complete. No Transaction General Journal Debit Credit 1 a. Cost of goods sold Inventory olo 2 b. Cost of goods sold Inventory olo 3 c Cost of goods sold Inventory olol 4 d. Cost of goods sold Inventory ololStep by Step Solution
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