Question: ASSIGNMENT RESOURCES Chapter 6 Home Problem 6-02A a, b1-b2, (Video) Monty Distribution markets CDs of the performing artist Fishe. At the beginning of October, Monty

ASSIGNMENT RESOURCES Chapter 6 Home Problem 6-02A a, b1-b2, (Video) Monty Distribution markets CDs of the performing artist Fishe. At the beginning of October, Monty had in beginning inventory 3,200 of Fishe's CDs with a unit cost of $6. During October, Monty made the following purchases of Fishe's CDs. Oct.) 4,000 $7 Oct. 19 4,800 39 Oct. 95.000 58 Oct 25 6.400 510 During October, 17,440 units were sold. Monty uses a periodic inventory system. Er 6.00 ber Your answer is correct Determine the cost of goodsawmilable for sale ASSIGNMENT RESOURCES Chapter 6 Home Berece Your answer is incorrect. Try again. Calculate weighted average cost per unit. (Round answer to 2 decimal places, e.g. 2.25.) Weighted average cost per unit LINK TO TEXT VIGILAN POLIM 6:00 des Problem ADDI 22. V Your answer is correct. Determine (1) the ending inventory and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO. LIFO, and average-COSE. Prove the accuracy or the cost of goods sold under the FIFO and LIFO
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
