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Unite D + Carles Parts Limited uses a periodic Inventory system. The inventory records show the following data for its first month of operations N
Unite D + Carles Parts Limited uses a periodic Inventory system. The inventory records show the following data for its first month of operations N 2 Date Explan 3 atun Unitat Balance in with AR 350 go 5 3 Soe 750 390 45 7 900 10 10 4 Ho 5 10 Calculate the cost of goods and ending inventory PIPO 11 12 Purch Sonit Yotal COGS SU Total ventory Suit Total 14 11 16 57 10 29 21 23 3 25 27 TOTALS 29 10 11 5 - Available for sale 5 Cestwood 5 terry Prido Per W. H. N 1 Clarkes Parts Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations D 0 2 1 Date Explan ation Units Unit Balance in this 3 4 3 SY 3 10 23 Soo 100 7 8 250 750 450 350 . 900 126 1o Calculate the cost of goods sold and ending inventory using Weighted Average 18 Purchases Sunt Units Total Units COGS Sunit Total tory Sunt Total 11 14 15 16 17 10 20 21 24 2 27 20 TOTALS Goods Available for Sale Cast of Gets sold entory 11 53 4 H 1 Clarkes Parts Limited uses a periodic inventory system. The inventory records show the following data for its first month of operations 2 M R D Date Explan 3 atas Units Unit Cost Balance in this Aut 250 20 3 tha 100 790 300 450 7 35 F 120 1.350 325 0 10 Calculate the cost of goods sold and ending inventory wing Weighted Average: 11 12 Purchases COGS 13 inventory Units Sun Total mits SU Total Units Sunt 14 15 Total 16 12 NE 19 20 21 23 24 25 20 28 TOTALS $ $ Goods Available for Sale -Cost of Good Gold entory 11 34
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