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Problem 6-5A (Part Level Submission) You have the following information for Whispering Winds Corp. for the month ended October 31, 2017. Whispering Winds Corp. uses
Problem 6-5A (Part Level Submission) You have the following information for Whispering Winds Corp. for the month ended October 31, 2017. Whispering Winds Corp. uses a periodic method for inventory DescriptionUnitsUnit Cost or Selling Price Oct. 1 Beginning inventory Oct. 9 Purchase Oct. 1 Sale Oct. 17 Purchase Oct. 22 Sale Oct. 25 Purchase Oct. 29 Sale 124 28 29 62 107 (al) Your answer is correct. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit 28.557 Click if you would like to Show Work for this question: Open Show Work LIST OF ACCOUNTS SNOW VIDEO SIMILAR PROBLEM Attempts: 1 of 3 used (a2) Your answer is partially correct. Try again. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods (1) LIFO (2) FIFO (3) Average-cost. (Round answers to 0 decimal place, e.g. 125.) FIFO AVERAGE-COST 1852 2162 The ending inventony The cost of goods sold Gross profit Click if you would like to Show Work for this question: 1999 8086 7776 7939 Open Show Work Problem 6-8A (Part Level Submission) Bridgeport Corp. is a retailer operating in Calgary, Alberta. Bridgeport Corp. uses the perpetual inventory method. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Bridgeport Corp. for the month of January 2017 Quantity 175 102 185 78 46 101 142 Unit Cost or Selling Price $19 21 Dec. 31 Ending inventory Jan, 2 Purchase an, 6Sale Jan, 9 Purchase Jan, 10 Sale Jan. 23 Purchase an, 30 Sale 23 (a1) Calculate average cost for each unit. (Round answers to 3 decimal places, e.g. 5.125.) Jan. 1 s Jan. 2 s Jan. 9 Jan. 10 Jan. 23 s Jan. 30 s Attempts: 0 of 3 used SAVE FOR LATER The parts of this question must be completed in order. This part will be available when you complete the part above
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