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X Mastering Inwentary-new test.p + O File C:/Users/Chris/Desktop/Mastering%20Inventory%... of 17 + A0 Read aloud Draw Highlight PE 0 1 Erase Use the following information for
X Mastering Inwentary-new test.p + O File C:/Users/Chris/Desktop/Mastering%20Inventory%... of 17 + A0 Read aloud Draw Highlight PE 0 1 Erase Use the following information for problems #35-40. HuCo begins operations in 20X4, uses the periodic method and makes the following merchandise purchases: rin renc 20X4 Total units Unit cost Total cost hinc ring April September 900 1,300 $ 6 7 $5,400 9,100 20X5 March November 1,100 500 $ 8 10 $8,800 5,000 205 Scarred with Car Scanner Mastering Intentory 35. If HuCo uses FIFO costing and its December 31, 20X5 ending inventory is 800 units, then ending inventory on its balance sheet will be a. $8,800 b. $5,600 c. 89,400 d. $7,400 36. If HuCo uses LIFO costing and sold 2,000 units in 20X4, what is its cost of goods sold? a. $14,000 b. $13,300 c. $13,100 d. $13,000 37. If HuCo uses LIFO costing and sold 1,700 units each year, what is its 20X5 cost of goods sold? a. $14,300 b. $12,700 c. $14,400 d. $12,800 38. Assume that HuCo uses LIFO costing. It sold 1,500 units in 2024 and has 1000 annesini Decamera320X5 endingsinventory. What is ending affordcollege.com
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