Answered step by step
Verified Expert Solution
Question
1 Approved Answer
those picture are not blurry please answer and zoom in Salmone Company reported the following purchases and sales for its product Simone uses perpetuvetom Desere
those picture are not blurry please answer and zoom in
Salmone Company reported the following purchases and sales for its product Simone uses perpetuvetom Desere the cost ugned to cost of goods UFO Date Activities Units Acquired at cost Units Sold At Retall May 1 Beginning inventory 100 units 510 = $ 1.000 May 5 Purchase 250 units 512 - 31,600 May 10 Sales 170 units 520 Hay 15 Purchase 130 units 511-5.1,690 Hay 24 Sales 120 units 521 Mutole Choice O 33.610 52.760 o $2090 $3.600 53730 A company has the following purchases and sales during October. Using the properiode inventory method what is the of the memory on October 15 Date Activities Units Acquired at cost Units sold at til October 1 Beginning Inventory 15 units 510 - 5220 October 5 Purchase 10 units 519 - 5190 October 12 Purchase 20 units 520 - 5400 October 15 Sales e units sold Multiple Choice 5200 O 5990 O $300 O $530 O d 5860 A company has the following purchases and sales during March Using the FIFO perpetual Inventory method, what was the cost of the 22 units sold? Units Sold at Retail Date March 1 March 2 March 6 March 8 Activities Beginning inventory Purchase Purchase Sales Units Acquired at Cost 10 units @ $40 - $480 10 units 542 - $420 6 units @ $45 - $270 22 units @ $74 Multiple Choice O $910 $950 $870 O $1.090 $1,000 A company has the following purchases and sales during February. Using the FIFO periodic Inventory method, what is the cost of the 12 units that are sold? Date Activities Units Acquired at Cost Units Sold at Retail February 1 Beginning inventory 10 units @ $18 - $180 February 3 Purchase 20 units $22 - $440 February 5 Sales 12 units sold Multiple Choice O 2216 O 5224 O O 5238 o 5218 $236 Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started