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Steelers Inc is a reseller of goods. The following represents its inventory transactions during the month of October: Steelers Inc is a reseller of goods.

Steelers Inc is a reseller of goods. The following represents its inventory transactions during the month of October:
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Steelers Inc is a reseller of goods. The following represents its inventory transactions during the month of October October 1 Inventory Balance of 200 Units with a cost of $20/Unit October 7 Purchased 200 Units with a cost of $22/Unit October 9 Sold 300 Units at a Price of $40/Unit October 17 Purchased 100 Units with a Cost of $23/Unit October 23 Sold 150 Unit at a Price of $40/Unit October 27 Purchased 100 Units with a cost of $25/Unit Using the Perpetual Inventory System and the Moving Average Assumption, what is the COGS for October for Steelers Inc.? O None of the Answers is Correct $3,600 $9.600 O 13,200 Steelersine is a reseller of goods. The following represents its inventory transactions during the month of October October 1 Inventory Balance of 200 units with a cost of $20/unit October 7 Purchased 200 units with a cost of $22/Unit October 9 Sold 300 units at a price of $40/unit October 17 Purchased 100 units with a cost of $23/unit October 23 Sold 150 Unit at a price of $40/unit October 27 Purchased 100 units with a cost of $25/unit What is the value of the goods in inding inventory under the Periodic Weighted Average Method? $3,300 O $13,200 $9.900 None of the Answers Is Correct Steelers Inc is a reseller of goods. The following represents its inventory transactions during the month of October October 1 Inventory Balance of 200 Units with a cost of $20/Unit October 7 Purchased 200 Units with a cost of $22/Unit October 9 Sold 300 units at a Price of $40/Unit October 17 Purchased 100 Units with a cost of $23/unit October 23 Sold 150 Unit at a Price of $40/Unit October 27 Purchased 100 Units with a cost of $27/Unit What is the ending Inventory for the month of October for these events using the Perpetual LIFO Inventory Assumption? O $3,550 $3,850 $3,750 O $3,650 Steelers Inc is a reseller of goods. The following represents its inventory transactions during the month of October October 1 Inventory Balance of 200 Units with a cost of $20/Unit October 7 Purchased 200 Units with a cost of $2?/Unit October 9 Sold 300 Units at a Price of $40/Unit October 17 Purchased 100 Units with a Cost of $23/Unit October 23 Sold 150 Unit at a Price of $40/Unit October 27 Purchased 100 Units with a Cost of $25/Unit What is the gross profit for October if the company utilizes the FIFO Periodic (not Perpetual) method of inventory valuation? O $21.950 $8,450 O $12,950 O $17,450

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