Sumard printer 2018 2019 10, 2009, Relevant for De En December 2011 1.2003 Dec2.2020 170 20, 2020 50 During 2030 Mar 15 20 het 05 102 10 39 AD pa 30 220 Dec 2 Dec 12 OCE They COM A- Text Media 12 Media Question 3 of 4 2/4 Determine ending inventory under (1) specific identification (2) FIFO. (3) LIFO, and (4) average-cost. (Round answers to o decimal places, eg. 2,760) Specific Identification FIFO LIFO A Ending Inventory $ 7.400 $ 7600 $ 5,310 $ e Textbook and Media Attempts: 2 of 3 used (61) X Your answer is incorrect Calculate price index. (Round answer to 4 decimal places, c.8. 2.7653.) Price Index 1.5217 e Textbook and Media Assistance Used Save for Later Attempts: 1 of 3 used Submit Answer (62) der. Thienart will he available when you complete the part above. (a 1) Your answer is correct. Calculate average cost per unit. (Round answer to 2 decimal places, e.e. 2.76.) Average-cost $ 29.53 e Textbook and Media Attempts: 2 of 3 used (a2) Your answer is correct. Determine ending inventory under (1) specific identification (2) FIFO (3) LIFO, and (4) average-cost. (Round answers to O decimal places, e.g. 2,760.) Specific Identification FIFO LIFO Avi Ending Inventory $ 7.400 7,600 5,310 $ $ e Textbook and Media Attempts: 2 of 3 used 1 View Policies Show Attempt History Current Attempt in Progress Sunland Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $23 per unit. None of this inventory was sold in 2019. Relevant information is as follows. 170 Ending inventory units December 31, 2019 December 31, 2020, by purchase date December 2, 2020 July 20, 2020 170 50 220 During the year 2020, the following purchases and sales were made. Purchases Sales March 15 370 units at $28 April 10 270 370 units July 20 at 29 370 August 20 September 4 270 units at 33 220 November 18 December 2 170 units at 35 December 12 270 The company uses the periodic inventory method. (a1) Sumard printer 2018 2019 10, 2009, Relevant for De En December 2011 1.2003 Dec2.2020 170 20, 2020 50 During 2030 Mar 15 20 het 05 102 10 39 AD pa 30 220 Dec 2 Dec 12 OCE They COM A- Text Media 12 Media Question 3 of 4 2/4 Determine ending inventory under (1) specific identification (2) FIFO. (3) LIFO, and (4) average-cost. (Round answers to o decimal places, eg. 2,760) Specific Identification FIFO LIFO A Ending Inventory $ 7.400 $ 7600 $ 5,310 $ e Textbook and Media Attempts: 2 of 3 used (61) X Your answer is incorrect Calculate price index. (Round answer to 4 decimal places, c.8. 2.7653.) Price Index 1.5217 e Textbook and Media Assistance Used Save for Later Attempts: 1 of 3 used Submit Answer (62) der. Thienart will he available when you complete the part above. (a 1) Your answer is correct. Calculate average cost per unit. (Round answer to 2 decimal places, e.e. 2.76.) Average-cost $ 29.53 e Textbook and Media Attempts: 2 of 3 used (a2) Your answer is correct. Determine ending inventory under (1) specific identification (2) FIFO (3) LIFO, and (4) average-cost. (Round answers to O decimal places, e.g. 2,760.) Specific Identification FIFO LIFO Avi Ending Inventory $ 7.400 7,600 5,310 $ $ e Textbook and Media Attempts: 2 of 3 used 1 View Policies Show Attempt History Current Attempt in Progress Sunland Corporation began operations on December 1, 2019. The only inventory transaction in 2019 was the purchase of inventory on December 10, 2019, at a cost of $23 per unit. None of this inventory was sold in 2019. Relevant information is as follows. 170 Ending inventory units December 31, 2019 December 31, 2020, by purchase date December 2, 2020 July 20, 2020 170 50 220 During the year 2020, the following purchases and sales were made. Purchases Sales March 15 370 units at $28 April 10 270 370 units July 20 at 29 370 August 20 September 4 270 units at 33 220 November 18 December 2 170 units at 35 December 12 270 The company uses the periodic inventory method. (a1)
