Q1) What is the cost of goods available for sales?

Q2) Assume that Sunny River uses a weighted average and periodic inventory costing system. What would be the cost of goods sold?

Q3) Assume that Sunny River uses a weighted average and periodic inventory costing system. What would be the weighted average cost per unit for October?

Q4) Assume that Sunny River uses a weighted average and periodic inventory costing system. What would be the gross profit?

Q5) Assume that Sunny River uses a FIFO and perpetual inventory costing system. What is the cost of the ending inventory?

Q6) Assuming Sunny River uses FIFO and perpetual inventory system. What woild be the cost of goods sold?

The following inventory information is available for Sunny River Company for the month of October. Purchases Sales Date Units Cost per unit Date Units Price per unit Oct 1, 2021 50 $151 Oct 2, 2021 27 $255 Oct 8, 2021 40 $157 Oct 10, 2021 30 $265 Oct 19, 2021 25 $160 Oct 21, 2021 25 $266 Oct 26, 2021 10 $163