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You have the following information for Blossom Company for the month ended October 31, 2022. Blossom Company uses a periodic method for inventory. Date Oct.
You have the following information for Blossom Company for the month ended October 31, 2022. Blossom Company uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units eTextbook and Media 55 List of Accounts 121 107 109 62 67 112 Weighted-average cost per unit $ Unit Cost or Selling Price $26 28 LIFO 36 29 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) 41 31 41 Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.) FIFO AVERAGE-COST You have the following information for Blossom Company for the month ended October 31, 2022. Blossom Company uses a periodic method for inventory. Calculate the weighted-average cost. (Round answer to 3 decimal places, ,x,5,125 ) Weichted average cost per unit s. Calculate ending imventory, cost of goods sold, eross proht under each of the following methods (1) UFO. (2) FIFO (3) Average-cost (Round per unit cost to 3 decimal places, es. 15.647 and finat answers to 0 decimal places, e-3. 5,125. Cakulate ending inventorv, cost of goods sold, gross profit under each of the following methods (1) LIFO (2) FIFO. (3) Average-cost: (Round per unit cost to 3 decimal places, es. 15.647 and final answers to 0 decimal places, e-s. 5.125J Calodate gross prefit rate under each of the following methods: (1) FO. (2) FIFO. (3) Average cost, (Round answers to 1 decimal place, e.s. 51.28 )
You have the following information for Blossom Company for the month ended October 31, 2022. Blossom Company uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units eTextbook and Media 55 List of Accounts 121 107 109 62 67 112 Weighted-average cost per unit $ Unit Cost or Selling Price $26 28 LIFO 36 29 Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) 41 31 41 Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) LIFO. (2) FIFO. (3) Average-cost. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125.) FIFO AVERAGE-COST
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