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Sunland Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $7 per unit. During the year, purchases were:

Sunland Company Inc. had a beginning inventory of 100 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 May 5 690 (a) 548 units at units at Your answer is correct. Determine the cost of goods available for sale. The cost of goods available for sale $8 Weighted-average cost per unit e Textbook and Media Ending inventory Sunland Company uses a periodic inventory system. Sales totaled 1,500 units. Aug. 12 Dec. 8 Cost of goods sold REE 6 Fra 462 100 Calculate weighted-average cost per unit (Round answer to 3 decimal places, e.g. 5.125.) FIFO units at units at 19 14972 $10 Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, e.g. 150.) $11 8.98 LIFO Attempts: 1 of 3 used Ex AVERAGE-COST
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Sunland Company Inc, had a besinning inventory of 100 units of Product RST at a cost of $7 per unit. Durinz the year, purchases ware: Sunland Compary uses a periodic inventory system. Sales totaled 1,500 units. (a) Determine the cost of soods zvallable for sale. The cost of roods available for sals 5 Calculate weighted-average cost per unit (Round answar to 3 decimal ploces, eg. 5.125 J Weighted-averase cost per unit S eTectbook and Medla Attempts: 1 of 3 used (b) Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and svarage-cosc). (Round answers to 0 drcimal places, es, 150 )

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