Ringing Rintaro, Inc. (RRI) sells cellphones to students who want accounting professors to add extra questions to exams. During the month of October 2020, RRI had the following beginning balance, purchases and inventory sales: Sold Units Sales Price / Unit Purchase Acquired Date Transaction Price / Units Unit beginning 1,000 $10.00 / 10/1/20 inventory units Unit 1,000 $12.00 / 10/2/20 purchase units Unit 10/3/20 sale 1,600 units $40.00 / Unit 10/5/20 purchase $14.00 / Unit 1,400 units 3,000 units 10/10/20 purchase $16.00 / Unit 10/15/20 sale 4,000 units $50.00 / Unit 10/29/20 purchase 1,200 units $20.00 / Unit 10/30/20 sale 1,000 units $60.00 / Unit 1 1/ 10/30/20 sale 1,000 units $60.00 / Unit 10/31/20 purchase 1,000 units $15.00 / Unit A.CALCULATE MERCHANDISE (GOODS) AVAILABLE FOR SALE FOR THE MONTH OF OCTOBER 2020: $____ B, CALCULATE UNITS AVAILABLE FOR SALE FOR THE MONTH OF OCTOBER 2020: UNITS AVAILABLE FOR SALE C. CALCULATE UNITS SOLD FOR THE MONTH ENDED OCTOBER 2020. ___ UNITS SOLD D. CALCULATE UNITS IN ENDING INVENTORY AS OF OCTOBER 2020 _____ _UNITS IN ENDING INVENTORY E. TOTAL SALES FOR THE MONTH OF OCTOBER WERE: $______ F. USING FIFO PERIODIC , CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020:$_ G. USING FIFO PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ H. USING LIFO PERPETUAL, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $ INATA PIINITA FOR THE MONTH ENDED OCTOBER 31, 2020: $ I. USING LIFO PERPETUAL, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ . J. USING LIFO PERIODIC, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $_____ K. USING LIFO PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ L. USING WEIGHTED (MOVING) AVERAGE PERPETUAL, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $____ M. USING WEIGHTED (MOVING) AVERAGE PERPETUAL, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $____ N. USING WEIGHTED AVERAGE PERIODIC, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $____ O. USING WEIGHTED AVERAGE PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ Ringing Rintaro, Inc. (RRI) sells cellphones to students who want accounting professors to add extra questions to exams. During the month of October 2020, RRI had the following beginning balance, purchases and inventory sales: Sold Units Sales Price / Unit Purchase Acquired Date Transaction Price / Units Unit beginning 1,000 $10.00 / 10/1/20 inventory units Unit 1,000 $12.00 / 10/2/20 purchase units Unit 10/3/20 sale 1,600 units $40.00 / Unit 10/5/20 purchase $14.00 / Unit 1,400 units 3,000 units 10/10/20 purchase $16.00 / Unit 10/15/20 sale 4,000 units $50.00 / Unit 10/29/20 purchase 1,200 units $20.00 / Unit 10/30/20 sale 1,000 units $60.00 / Unit 1 1/ 10/30/20 sale 1,000 units $60.00 / Unit 10/31/20 purchase 1,000 units $15.00 / Unit A.CALCULATE MERCHANDISE (GOODS) AVAILABLE FOR SALE FOR THE MONTH OF OCTOBER 2020: $____ B, CALCULATE UNITS AVAILABLE FOR SALE FOR THE MONTH OF OCTOBER 2020: UNITS AVAILABLE FOR SALE C. CALCULATE UNITS SOLD FOR THE MONTH ENDED OCTOBER 2020. ___ UNITS SOLD D. CALCULATE UNITS IN ENDING INVENTORY AS OF OCTOBER 2020 _____ _UNITS IN ENDING INVENTORY E. TOTAL SALES FOR THE MONTH OF OCTOBER WERE: $______ F. USING FIFO PERIODIC , CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020:$_ G. USING FIFO PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ H. USING LIFO PERPETUAL, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $ INATA PIINITA FOR THE MONTH ENDED OCTOBER 31, 2020: $ I. USING LIFO PERPETUAL, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ . J. USING LIFO PERIODIC, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $_____ K. USING LIFO PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $ L. USING WEIGHTED (MOVING) AVERAGE PERPETUAL, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $____ M. USING WEIGHTED (MOVING) AVERAGE PERPETUAL, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $____ N. USING WEIGHTED AVERAGE PERIODIC, CALCULATE COST OF GOODS SOLD FOR THE MONTH ENDED OCTOBER 31, 2020: $____ O. USING WEIGHTED AVERAGE PERIODIC, DETERMINE ENDING INVENTORY AS OF OCTOBER 31, 2020: $
