Question: ACC 202-Assignment II-Homework Assignment II-Homework Total 100 points Student Name: Section: Student ID: Instructions: Answer the following questions. Write your answers in the space provided

ACC 202-Assignment II-Homework Assignment II-Homework Total 100 points Student Name: Section:

ACC 202-Assignment II-Homework Assignment II-Homework Total 100 points Student Name: Section: Student ID: Instructions: Answer the following questions. Write your answers in the space provided below. Question 1, Zhu Company, Ltd. reports the following for the month of June. Date Explanation Units & Unit cost Total Cost June 1 Inventory 200 units @ 5 1,000 June 12 Purchase 300 units @ 6 E 1.800 June 23 Purchase 500 units @ E7 E3,500 The physical inventory count on June 30 shows 160 units remain unsold. Instructions: Calculate the cost of the ending inventory and cost of goods sold for FIFO, using a perpetual inventory system. Assume a sale of 400 units occurred on June 15 for a selling price of 8 and a sale of 440 units on June 27 for 9. (40 points) Answer ACC 202 Assignment Il:Homework Question 2 Presented below is information for Alyor Company for the month of March 2017 120.000

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