Question: a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system. Do

a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system.

Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. When calculating the unit cost, round to 2 decimal places as well.

a) Fill in the missing numbers in the inventory schedule using the

weighted-average cost inventory valuation method. This company uses the perpetual inventory system.

Inventory Schedule Purchases Sales Balance Quantity Amount Quantity Amount Quantity Amount Transaction Description Opening Balance 0 $ 0 $ $ 600 #1 Purchase from AAA Co. 600 $9,000.00 9000 $ 300 $ 4500 #2 2 Sale to SSS CO. 300 $4,500.00 $ $ $ 2250 150 #3 Sale to TTT Co. 150 2250 $ $ 240 #4 Purchase from Co. 90 $1,440.00 3690 $ $ $ 768.75 190 #5 Sale to UUU Co. 50 2921.25 X X b) If the LIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ c) If the FIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ d) If the specific identification method had been used, what would the value of COGS been for the sale to UUU Co.? Assume 25 of the units sold to UUU Co. were purchased from AAA Co and the other 25 units were purchased from BBB Co. COGS = $

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