THERE ARE THREE QUESTIONS IN HERE.

please show the steps

Q#1:

Sunland Company reports the following for the month of June.

Date		Explanation		Units		Unit Cost			Total Cost
June 1		Inventory		150		$2			$300
12		Purchase		450		5			2,250
23		Purchase		400		6			2,400
30		Inventory		80

Assume a sale of 500 units occurred on June 15 for a selling price of $7 and a sale of 420 units on June 27 for $8.

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to 0 decimal places, e.g. 1,250.)

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Q#2:

Lily Company reports the following for the month of June.

Date		Explanation		Units		Unit Cost			Total Cost
June 1		Inventory		150		$10			$1,500
12		Purchase		450		11			4,950
23		Purchase		400		12			4,800
30		Inventory		80

Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to 0 decimal places, e.g. 1,250.)

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Q#3:

You are provided with the following information for Bramble Inc. for the month ended June 30, 2020. Bramble uses the periodic method for inventory.

Date				Description		Quantity		Unit Cost or Selling Price
June		1		Beginning inventory		44		$42
June		4		Purchase		138		46
June		10		Sale		107		67
June		11		Sale return		12		67
June		18		Purchase		56		47
June		18		Purchase return		10		47
June		25		Sale		67		73
June		28		Purchase		33		51

a- Calculate cost per unit. (Weighted-Average Cost per unit $) (Round answer to 2 decimal places, e.g. 5.25.)

b-

c-

d-

FIFO LIFO Moving-Average Cost The cost ending inventory The cost of goods sold 4498 FIFO LIFO Moving-Average Cost 940 The cost of goods sold 10,310 LIFOFFO AVERAGE-COST The ending inventory The cost of goods sold Gross profit LIFO FIFO AVERAGE-COST Gross profit rate Compare the results for the three cost flow assumptions and answer the following questions. In this period of rising prices, gives the highest cost of goods sold and the gross profit. gives the lowest cost of goods sold and the aross profi