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Test for Students Compatibility Mode Home mert Desig Layout References Mailings Review View Het X Paste Format Painter Good Times New Rom - 12 -

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Test for Students Compatibility Mode Home mert Desig Layout References Mailings Review View Het X Paste Format Painter Good Times New Rom - 12 - A A A A ... ? atv-AP-A- - - Pago AaBbc AaBb AaBb Aaa AaBb AaBb cp 1 Heading 1 Heading 2 Toma! Now Suite 4 Font QUESTION Three (16 marks) On May 4. Fry Corporation sold 55 computers to Hitech Computers, Inc. At the date of the sale, Fry's perpetual Inventory records included the following cost Layers for the computers. (Round answers to the nearest 2 decimals). Purchase Date Quantity Unit Cost Total Cost April 45 52.450 $110.250 April 19... 35 2.500 87,500 May 20 2.600 106,009 Totals 120 S101.750 REQUIRED: Fry wants to know the total cost of the 55computers sold on May 4, and the ending inventory on May 31, using each of the methods below: a) Weighted Average Date Units Cost per Unit Units Cost per Total Cost per Unit Unit Total Units Total CO O D jacob Tea for Students Compatty Mode De Layout References Mailings Review Vw es New Rom 02 AA AA EEEEE AaBC Aa Bb Abba Alica ABC ABCD Thing Thing To Top Tale So fond Cost per Unit Units Cost per Unit Cost per Unit Total Total Total Units Average-cost Method Cost of Goods Sold Ending Inventory On May 4 Fry Corporation sold 55 computers to Hitech Computers, Inc. At the date of the sale, Fry's perpetual Inventory records included the following cost layers for the computer (Round answers to the nearest 2 decimall

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