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Saved Help Save & Exit Submit Check my work 5 On May 10, Hu perpetual inventory re dson Computing sold 89 Millennium laptop computers to
Saved Help Save & Exit Submit Check my work 5 On May 10, Hu perpetual inventory re dson Computing sold 89 Millennium laptop computers to Apex Publishers. At the date of this sale, Hudson's cords included the following cost layers for the Millennium laptops. Purchase Date Quantity Unit Cost Total Cost Apr. 9 May 1 Total on hand 106 10 points 61 $1,700 $103,700 63,000 $166,706 45$1,40e eBook Print References Prepare journal entries to record the cost of the 89 Millennium laptops sold on May 10, ass the following. (Do not round intermediate calculations. Round your final answer required uming that Hudson Computing uses s to the nearest dollar amount. If no entry is for a transaction/event, select "No journal entry required" in the first account field.) a. Specific identification method (45 of the units sold were purchased on April 9, and the remaining units were purchased on May b. Average-cost method. c. FIFO method. d. LIFO method. View transaction list Journal entry worksheet 2
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