Question 1)

TDS Company uses a perpetual inventory system. It entered into the following purchase and sale transactions for April:

Date	Activity	Units acquired at cost	Units sold at retail
April 1	beginning inventory	20 units @ $3,000/unit
April 5	purchase	30 units @ $3,500/unit
April 9	sale		35 units @ $12,000/unit
April 18	purchase	5 units @ $4,500/unit
April 25	purchase	10 units @ $4,800/unit
April 29	sale		25 units @ $14,000/unit
	TOTALS	65 units	60 units

Compute the cost of goods sold for the month using FIFO:

$211,500
		$220,500
		$235,500
		$215,500
		$24,000
		$770,000

Question 2)

ClackCo, a 20X1 start-up, uses the periodic method and LIFO costing. The company purchases merchandise as follows:

20X1	Units	Unit cost
March	450	$3.00
August	650	$3.50
20X2
February	550	$4.00
October	250	$5.00

In 20X1, ClackCo sells 750 units. At year-end 20X2, there are 500 units on hand. ClackCo's income statement for the year ended December 31, 20X2, will show COGS of:

	$2,850
		$2,350
		$2,250
		$1,525
		$1,650

Question 3)

GTI Company uses a perpetual inventory system. It entered into the following purchase and sale transactions for April:

Date	Activity	Units acquired at cost	Units sold at retail
April 1	beginning inventory	20 units @ $3,000/unit
April 5	purchase	30 units @ $3,500/unit
April 9	sale		35 units @ $12,000/unit
April 18	purchase	5 units @ $4,500/unit
April 25	purchase	10 units @ $4,800/unit
April 29	sale		25 units @ $14,000/unit
	TOTALS	65 units	60 units

Compute the cost of goods sold for the month using LIFO:

$211,500
		$770,000
		$235,500
		$215,500
		$220,500
		$24,000

Question 4)

Hyde Company uses a perpetual inventory system. It entered into the following purchase and sale transactions for March:

Date	Activity	Units acquired at cost	Units sold at retail
March 1	beginning inventory	100 units @ $50/unit
March 5	purchase	400 units @ $55/unit
March 9	sale		420 units @ $85/unit
March 18	purchase	120 units @ $60/unit
March 25	purchase	200 units @ $62/unit
March 29	sale		160 units @ $95/unit
	TOTALS	820 units	580 units

Compute the cost of goods sold for the month using FIFO

$32,248

$32,920

$13,680

$50,900

$14,800

$31,800

Question 5)

ClickCo begins operations in 20X1 uses the periodic method and LIFO costing, and purchases merchandise as follows

20X1	Units	Unit cost
March	450	$3.00
August	650	$3.50
20X2
February	550	$4.00
October	250	$5.00

If ClickCo sells 850 units in 20X1 and again in 20X2, cost of goods sold on the 20X2 income statement will be:

$3,600
		$3,625
		$3,800
		$3,200
		$3,400

Please solve the total five questions and don't spare any of these, you can take your time but please don't spare the question as It is very very urgent.

I will upvote you if you solve all of these correctly.