Question
Sucer Mart, a regional convenience store chain, maintains milk inventory by the gifion. The first month's milk purchases and ses at the Chalute North
Sucer Mart, a regional convenience store chain, maintains milk inventory by the gifion. The first month's milk purchases and ses at the Chalute North Carina location follow Ook the icon to view the purmases and sales) Read the rename Requirement 1. Determine the amount that would be reported in anding merchandise inverory on July 15 using the FIFO Inventory costing method Erier hetansactions in chronological order, calculating new inventary on hand balances after each transaction. Once all of the transactions have been red into the perpetua cord carculate the quarety and total cost of merchandise invertory puthed, sold and on hand at the end of the period (Sermons to the nearest cent SXXX Enter the oldent inventory layers) Purchases Cost of Goods Sold Inventory on Hand Unt Total Unt Tual Unit Tudal Dute Jul 2 Quantity Cost Cost Quantity Cost Quantity Cost Cest 10 175 1750 27 209 10 1000 N 13 21 2.30 4.60 14 20.20 1. Determine the amount that would be neodied in ending merchandisement Juy using the FFO inmory ng m 2. Delime the amount that would to nooriot in ending merchandisiny July 15 using the LFO inventory costing method 3. Delamine the amount that would be reported in ending merchands Harry wn July 16 using the weighted average matory costing mahal Round af amounts the SXXXX) Par Dre
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