Problem 6-A Periodic Inventory Methods and Cost of Merchandise Sold Orchid Company's inventory records reflect the following data for the month of August. Merchandise Available Date Aug 1 Beginning Inventory Aug 9 Purchase Aug 17 Purchase Aug 28 Purchase Available Units 30 70 80 20 200

Ending inventory, on August 31, was 50 units. Unit Cost $10 12 13 15 Total Cost $ 300 840 1,040 300 2,480 $ Requirement: Prepare a chart comparing the cost of merchandise inventory, at August 31, and merchandise sold, during August, using the following costing methods:

Problem 6 - A Periodic Inventory Methods and Cost of Merchandise Sold Orchid Company's inventory records reflect the following data for the month of August Ending inventory, on August 31, was 50 units. Requirement: Prepare a chart comparing the cost of merchandise inventory, at August 31 , and merchandise sold, during August, using the following costing methods: Problem 6 - A Periodic Inventory Methods and Cost of Merchandise Sold Orchid Company's inventory records reflect the following data for the month of August Ending inventory, on August 31, was 50 units. Requirement: Prepare a chart comparing the cost of merchandise inventory, at August 31 , and merchandise sold, during August, using the following costing methods