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The following information is for the inventory of mini-kettles at Riverbed Company Limited for the month of May. Units Unit Units Unit Date Transaction In
The following information is for the inventory of mini-kettles at Riverbed Company Limited for the month of May. Units Unit Units Unit Date Transaction In Cost Total Sold Price Total May 1 Balance 140 $4.00 $560 6 Purchase 810 4.20 3,402 7 Sale 340 $7.00 $2,380 10 Sale 340 7.40 2,516 12 Purchase 440 4.80 2,112 15 Sale 250 7.80 1,950 18 Purchase 350 5.00 1,750 22 Sale 440 8.00 3,520 25 Purchase 540 4.40 2,376 30 Sale 250 7.40 1,850 Totals 2.280 $10,200 1,620 $12,216 186B5B vai (21) Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under FIFO. $ Ending inventory Save for Later Attempts: 0 of 1 used Submit Answer (a2) Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under moving-average. (Round unit cost to 3 decimal places, eg. 52.752 and final answer to 2 decimal places, eg. 52.75.) $ $ Ending inventory Save for Later Attempts: 0 of 1 used Submit Answer Cuction Date
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