Ngo Corporation began operating on June 26 with no inventory on hand, It then made the...

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Ngo Corporation began operating on June 26 with no inventory on hand, It then made the purchases listed below. Ngo Corporation sold and delivered 41 units on June 30. Total Cost $ 135.00 Unit Cost $ 9.00 10.00 12.00 Description Purchase Date Unite June 27 June 28 June 29 15 300.00 Purchase Purchase 30 25 300.00 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 FIFO. 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. (Do not round intermediate values. Round your "Cost of Goods Available for Sale" answer to 2 decimal places.) Number of Goods Avaitable for Sale Cost of Goods Available for Sale units Required Required 2 > Ngo Corporation began operating on June 26 with no inventory on hand, It then made the purchases listed below. Ngo Corporation sold and delivered 41 units on June 30. Total Cost $ 135.00 Unit Cost $ 9.00 10.00 12.00 Description Purchase Date Unite June 27 June 28 June 29 15 300.00 Purchase Purchase 30 25 300.00 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 FIFO. 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. (Do not round intermediate values. Round your "Cost of Goods Available for Sale" answer to 2 decimal places.) Number of Goods Avaitable for Sale Cost of Goods Available for Sale units Required Required 2 >

Answer rating: 100% (QA)

1 Number of goods available for sale Beginning invento... View the full answer