Wind Indutrial ple dorites industrial equipment. The company's focal you onda on March 31, 2017. One department in the company had in inventory 15 tema that cost 5500 each on hand at January 1, 2017 Click the con to view the purchase and sale information) Asume the companys a periodic Inventory wylom no mume at my purchases of inventory cow on the first day of each month Required 1. Determine the cost of the department's ending inventory March 31, 2017 under (a) the weighted average cost method and the FIFO method. Assume the company determines cost of goods sold at the end of each querer 2. Prepare the departments income statement for the quarter ended March 31, 2017, under each method described in Requirement 1. Show toals for gross rain and operating income Requirement 1. Determine the cost of the department's ending inventory March 31, 2017 under the weighted average cost method and by the FF method. Assume the company determines cost of prodou at the end of each quia (Use the com per unit method when calculating your www. Do not found intermediary calculations. Only round the amount you input in the cell to the nearest dollar) a) The cost of the demands ending inventory March 31, 2017, under weighted average The cost of the department's ending invertory at March 31, 2017, under FIFO is Requirement 2. Prepare the departments inconvenient for the quarter ended March 31, 2017, under each method orbed in Requirement 1. Show grous margin and operating home Begin with weideverage, then FF (Do not round Intermediary calculations. Only round the amount you input in the call to the nearest dollar. Use a minus sign or parentheses for any operating losses) Weighted Average FIFO Wind Indutrial ple dorites industrial equipment. The company's focal you onda on March 31, 2017. One department in the company had in inventory 15 tema that cost 5500 each on hand at January 1, 2017 Click the con to view the purchase and sale information) Asume the companys a periodic Inventory wylom no mume at my purchases of inventory cow on the first day of each month Required 1. Determine the cost of the department's ending inventory March 31, 2017 under (a) the weighted average cost method and the FIFO method. Assume the company determines cost of goods sold at the end of each querer 2. Prepare the departments income statement for the quarter ended March 31, 2017, under each method described in Requirement 1. Show toals for gross rain and operating income Requirement 1. Determine the cost of the department's ending inventory March 31, 2017 under the weighted average cost method and by the FF method. Assume the company determines cost of prodou at the end of each quia (Use the com per unit method when calculating your www. Do not found intermediary calculations. Only round the amount you input in the cell to the nearest dollar) a) The cost of the demands ending inventory March 31, 2017, under weighted average The cost of the department's ending invertory at March 31, 2017, under FIFO is Requirement 2. Prepare the departments inconvenient for the quarter ended March 31, 2017, under each method orbed in Requirement 1. Show grous margin and operating home Begin with weideverage, then FF (Do not round Intermediary calculations. Only round the amount you input in the call to the nearest dollar. Use a minus sign or parentheses for any operating losses) Weighted Average FIFO
