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Problem 6-OSA al-a3, b (Part Level Submission) (Video) You are provided with the following information for Tamarisk Inc. for the month ended June 30, 2020.
Problem 6-OSA al-a3, b (Part Level Submission) (Video) You are provided with the following information for Tamarisk Inc. for the month ended June 30, 2020. Tamarisk uses the periodic method for inventory. Quantity Unit Cost or Selling Price Date June 1 June 4 June 10 June 11 June 18 June 18 June 25 June 28 Description Beginning inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase (21) Your answer is correct. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Weighted average cost per unit Click if you would like to Show Work for this question: Open Show Work CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PRINTER VERSION Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Hound average-cost method answers to places, e.g. 1,250.25 and other answers to decimal places, e.g. 1,250. Use weighted average unit cost rounded to 2 decimal places for computations) FIFO AVERAGE-COST The ending inventory 4106.01 The cost of goods sold 6517.99 Gross profit 4736.01 Click if you would like to Show Work for this question: Open Show Work Attempts: 1 of used Calculate gross profit rate under each of the following methods. (1) UFO (2) FIFO (3) Average-cost. (Round answers to I decimal place, .g. 51.29.) LIFO FIFO AVERAGE-COST Gross profit rate Click if you would like to show Work for this questions on Show Work
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