Just One Product (JOP) began operating on June 26 with no inventory on hand, it then...

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Just One Product (JOP) began operating on June 26 with no inventory on hand, it then made the purchases listed below, JOP sold as delivered 46 units on June 30. Date June 27 June 28 June 29 Description Units Unit Cost Total Cost Purchase 12 $8 Purchase 38 9 $ 96 342 Purchase 20 11 220 Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory at June 30. 3. Calculate the cost of ending inventory and the cost of goods sold under LIFO Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number and cost of goods available for sale. Number of Goods Available for Sale Cost of Goods Available for Sale units Just One Product (JOP) began operating on June 26 with no inventory on hand, it then made the purchases listed below, JOP sold as delivered 46 units on June 30. Date June 27 June 28 June 29 Description Units Unit Cost Total Cost Purchase 12 $8 Purchase 38 9 $ 96 342 Purchase 20 11 220 Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory at June 30. 3. Calculate the cost of ending inventory and the cost of goods sold under LIFO Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the number and cost of goods available for sale. Number of Goods Available for Sale Cost of Goods Available for Sale units

Answer rating: 100% (QA)

Required 1 Number and Cost of Goods Available for Sale Date Units Purchased Unit Cos... View the full answer