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Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of the top selling hochy stick The
Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of the top selling hochy stick The hockey sticks for 5130 and had transactions as follows 1 Mar 1st beginning inventory 5 units at $30 per unit 2. Mar 3rd sold 3 units 3 Mar 6th purchased inventory 30 units at $40 per unit 4 Mar 17th sold 20 units 5. Mar 23rd purchased Inventory 25 units at $50 per unit 6 Mar 31st sold 30 units Required: Use the information above to answer the questions below for First In First Out (FIFO) and Moving Weighted Average (MWA) inventory costing methods ROUND ALL ANSWERS TO 2 DECIMAL PLACES What is the Cost of Goods Sold for the Mar 3rd sale under FIFO inventory costing? Answer What is the Cost of Goods Sold for the Mar 17th sale under FIFO inventory costing? Question 20 Not yet answered Marked out of 100 Answer Flag question Question 21 What is the cost of Goods Sold for the Mar 31st sale under FIFO inventory costing? Not yet Marked out of 1 00 Answer ho Question What is the ending inventory on Mar 31st under the FIFO inventory costing? Question 22 Not yet aswered Marked out of 100 Answer: Flag question Question 23 What is the cost of Goods Sold for the Mar 17h sale under MWA inventory costing? Not yet wered Marked out of 1 00 Answer Flag Question What is the Cost of Goods Sold for the Mar 31st sale under MWA inventory costing? Question 24 Not yet awered Marked out of 1.00 Answer Flag question What is the ending inventory on Mar 31st under the MWA inventory costing? Question 25 Not yet answered Marked out of 1.00 Answer F Flag question What is the Gross Profit for the month of March under the mwa inventory costing
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