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the number by the mouse is 10 so sorry, didnt relaize the mouse was kinda covering it. Required information Problem 6-2A Calculate ending inventory, cost

image text in transcribed the number by the mouse is 10 so sorry, didnt relaize the mouse was kinda covering it.
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Required information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) The following information applies to the questions displayed below) Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March Greg's Bicycle Shop uses a periodic inventory system. Transactions Units Unit Cost Total cost March Beginning inventory 20 $ 195 $ 3,900 5 Sale ($290 each) 15 March Purchase 10 2,150 March Sale ($340 each) 8 March Purchase 10 2,25 March 27 Sale ($365 each) March 30 Purchase 1,215 $10,015 Date 1 March 215 9 17 22 225 12 7 245 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. Problem 6-2A Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at March 31. Answer is complete but not entirely correct. Ending inventory Cost of goods sold 11,450 $ 4,275 DUIS For the specific identification method, the March 5 sale consists of bikes from beginning in consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes eight bikes from the March 22 purchase. Problem 6-2A Part 3 3. Using LIFO, calculate ending Inventory and cost of goods sold at March 31. Ending inventory Cost of goods sold Problem 6-2A Part 4 4. Using weighted average cost, calculate ending inventory and cost of goods sold at March 31. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold Man Daca 19 +7 Required information Part 5 of 7 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of four bikes from beginning inventory and eight bikes from the March 22 purchase. bits Problem 6-2A Part 5 5. Calculate sales revenue and gross profit under each of the four methods (Round weighted average cost amounts to 2 decimal places.) Answer is complete but not entirely correct. Specific FIFO LIFO Weighted Identification average cost $ 12 500 $ 12,500 $ 12,500 X $ 12,500.00 $ 4,750 $ 4,800 $ 4,300 $ 4,517.08 Sales revenue Gross profit

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