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Required information The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and

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Required information The following information applies to the questions displayed below.) Warnerwoods Company uses a perpetual Inventory system. It entered into the following purchases and sales transactions for March Date Activities Units Acquired at Cost Units sold at Retail Mar. 1 Beginning inventory 180 units @ $52.6e per unit Mar. 5 Purchase 265 units@ $57.50 per unit Mar. 9 Sales 340 units @ $87.60 per unit Mar. 18 Purchase 125 units@ $62.68 per unit Mar. 25 Purchase 230 units @ $64.60 per unit Mar. 29 Sales 218 units @ $97.68 per unit Totals see units 558 units ompute the cost assigned to ending Inventory using (a) FIFO, (D) LIFO, (c) weighted average, and (d) specific identification. For cific identification, the March 9 sale consisted of 105 units from beginning Inventory and 235 units from the March 5 purchase the Ch 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 25 purchase. omplete this question by entering your answers in the tabs below. Puu LU Average Specine Id Compute the cost assigned to ending inventory using LIFO. erpetual LIFO: Cost of Goods Sold Goods Purchased # of units unit Date Cost per # of units sold Cost per Cost of Goods Sold unit Inventory Balance # of units Inventory unit Balance 180 @ $ 52.60 = s 9,468.00 Cost per larch 1 larch 5 265 @ $57.60 180 @ $ 52.60 = $ 9,468.00 265 @ $ 57 60 = 15,264.00 $ 24.732.00 larch 9 @ $ 52.60 $ 0.00 @ $ 57.60 $ 52.60 = $57.60 = 0.00 @ thanh 40 Anel Sen Required information 18 125 @ $ 62.60 $ 52.60 $57.60 $ 62.60 25 230 @ $ 64,60 CP $ 52.60 $57.60 $ 62.60 $ 64.60 @ 29 210 $ 0.00 Perpetual FIFO Weighted Average OPRAD Required information Weighted Average Perpetual: Goods Purchased # of Date units unit March 1 Inventory Balance Cost per Cost of Goods Sold # of units sold unit Cost of Goods Sold Cost per Cost per # of units unit Inventory Balance $ 52.60 - S 9.468.00 180 @ March 5 Average March 9 March 18 Average March 25 March 29 Required information Perpetual FIFO Perpetual LIFO Weighted Average Specific id Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 105 units fr and 235 units from the March 5 purchase; the March 29 sale consisted of 85 units from the March 18 purchase and 125 units from the March 2 Specific Identification: Goods Purchased Cost of Goods Sold Inventory Balance # of Cost per Cost per #of units Cost of Goods Date Cost per units unit # of units sold unit Sold unit Inventory Balance March 1 180 $ 52.60 $ 9,468.00 March 5 March 9 March 18 March 25 March 29 Totals $ 0.00

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