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Wonder Wilderness Company is a service based company that rents canoes for use on local lakes and rivers during 2024. In addition to rental serices,
Wonder Wilderness Company is a service based company that rents canoes for use on local lakes and rivers during 2024. In addition to rental serices, at the beginning of January 2025 , Wonder Wilderness Company decided to carry and sell T-shirts with its logo printed on them. Wonder Wilderness Company uses the perpetual inventory system to account for the inventory. During of the period. (Enter the oldest inventory layers first.) More info Feb. 2 Sold 10 T-shirts at $25 each. Feb. 5 Purchased 40 T-shirts at $6 each. Feb. 7 Sold 70 T-shirts for $25 each. Feb. 8 Sold 5 T-shirts for $25 each. Wonder Wilderness Company realized the inventory was running low, so it placed a rush order Feb. 10 and purchased 60 T-shirts. The premium cost for these shirts was $8 each. Feb. 12 Placed a second rush order and purchased 70 T-shirts at $8 each. Feb. 13 Sold 60 T-shirts for $25 each. Feb. 15 Purchased 40 T-shirts for $6 each. In order to avoid future rush orders, purchased 210 T-shirts. Due to the volume of the order, Feb. 20 Wonder Wilderness Company was able to negotiate a cost of $5 each. Feb. 21 Sold 70 T-shirts for $25 each. Feb. 22 Sold 40 T-shirts for $25 each. Feb. 24 Sold 5 T-shirts for $25 each. Feb. 25 Sold 70 T-shirts for $25 each. Feb. 27 Sold 20 T-shirts for $25 each. Wonder Wilderness Company is a service based company that rents canoes for use on local lakes and rivers during 2024. In addition to rental serices, at the beginning of January 2025 , Wonder Wilderness Company decided to carry and sell T-shirts with its logo printed on them. Wonder Wilderness Company uses the perpetual inventory system to account for the inventory. During of the period. (Enter the oldest inventory layers first.) More info Feb. 2 Sold 10 T-shirts at $25 each. Feb. 5 Purchased 40 T-shirts at $6 each. Feb. 7 Sold 70 T-shirts for $25 each. Feb. 8 Sold 5 T-shirts for $25 each. Wonder Wilderness Company realized the inventory was running low, so it placed a rush order Feb. 10 and purchased 60 T-shirts. The premium cost for these shirts was $8 each. Feb. 12 Placed a second rush order and purchased 70 T-shirts at $8 each. Feb. 13 Sold 60 T-shirts for $25 each. Feb. 15 Purchased 40 T-shirts for $6 each. In order to avoid future rush orders, purchased 210 T-shirts. Due to the volume of the order, Feb. 20 Wonder Wilderness Company was able to negotiate a cost of $5 each. Feb. 21 Sold 70 T-shirts for $25 each. Feb. 22 Sold 40 T-shirts for $25 each. Feb. 24 Sold 5 T-shirts for $25 each. Feb. 25 Sold 70 T-shirts for $25 each. Feb. 27 Sold 20 T-shirts for $25 each
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