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QUESTION 4 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of
QUESTION 4 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Jan. 1 Beginning inventory 16 units at a price of $10 each Jan. 11 Purchased inventory= 14 units at a price of $11.95 each Jan. 20 Purchased inventory 23 units at a price of $15 each On January 14, Beech Soda, Inc. sold 25 units of this product The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the moving average cost flow assumption, the ending inventory cost at January 31 to be reported is: QUESTION 5 Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Jan. 1 Beginning inventory 16 units at a price of $10 each Jan. 11 Purchased inventory= 14 units at a price of $12 each Jan. 20 Purchased inventory= 23 units at a price of $15 each On January 14, Beech Soda, Inc. sold 25 units of this product. The other 28 units remained in inventory at January 31 Assuming that Beech Soda uses the FIFO flow assumption, the ending inventory at January 31 has a total cost of: QUESTION 6 perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Beech Soda, Inc. uses Jan. 1 Beginning inventory16 units at a price of $10 each Jan. 11 Purchased inventory 14 units at a price of $12 each Jan. 20 Purchased inventory 23 units at a price of $15 each On January 14, Beech Soda, Inc. sold 25 units of this product The other 28 units remained in inventory at January 31. Assuming that Beech Soda uses the LIFO flow assumption, the ending inventory at January 31 has a total cost of
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