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Plz finish the work in CHART!!!! (Round your average cost per unit to 2 decimal places.) perpetual inventory system. It entered into the following calendar-year
Plz finish the work in CHART!!!!
(Round your average cost per unit to 2 decimal places.)
perpetual inventory system. It entered into the following calendar-year purchases Montoure Company uses a Activities Units Acquired at Cost 600 units $45 per unit 400 units $42 per unit 200 units $27 per unit Units Sold at Retail Date Beginning inventory Jan. 1 Feb. 10 Purchase Mar. 13 Purchase 800 units @ $75 per unit Mar. 15 Sales 100 units $50 per unit Aug. 21 Purchase Sept. 5 Purchase Sept. 10 Sales 500 units $46 per unit 600 units $75 per unit 1,800 units 1,400 units Totals 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold consist of 600 units from beginning inventory, 300 from the February 10 purchase, 200 from the March 13 purchase, 50 from the August 21 purchase, and 250 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.) Complete this question by entering your answers in the tabs below. Weighted Average Perpetual FIFO Perpetual LIFO Specific Id Perpetual FIFO Cost of Goods Sold Inventory Balance Goods Purchased Cost per unit Cost per Cost of Goods Sold unit #of Cost per unit Inventory Balance #of units Date #of units units sold Jan 1 600@ $45.00 27,000.00 = $42.00 400@ $ 45.00 Feb 10 $42.00 Mar 13 200 $27.00 Mar 15 100 Aug 21 $50.00 $50.00 G Sept 5 500@ $46.00 $50.00 $ 46.00 Sept 10 Totals 0.00 0.00 ) Perpetual LIFO: Cost of Goods Sold Goods Purchased Inventory Balance Cost per Cost per unit Cost per Cost of Goods Sold unit of #of units sold Inventory Balance Date #of units units unit 600 27,000.00 $ 45.00 Jan 1 Feb 10 Mar 13 Mar 15 Aug 21 Sept 5 Sept 5 Sept 10 Totals $ 0.00 Weighted Average> Perpetual FIFO Weighted Average Perpetual: Cost of Goods Sold Goods Purchased Cost per unit Inventory Balance Cost per Cost of Goods Sold unit # of # of units Cost per Inventory Balance # of units Date units sold unit Jan 1 600@ $45.00 $27,000.00 Feb 10 Average Mar 13 Mar 15 Aug 21 Average Sept 5 Sept 10 Totals 0.00 Specific Identification: Cost of Goods Sold Goods Purchased Inventory Balance Cost per # of units sold Cost per Cost of Goods Sold unit Cost per Inventory Balance unit #of units Date # of units unit January 1 600 $45.00 27,000.00 February 10 March 13 March 15 Aug 21 Sep 5 Sep 5 Sep 10 Totals 0.00 Cnooifio le Woicbtod Auoroae
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