Question: B C D E F G H 1 Note: See Inventory Methods Dally Activity & Comerstone 6.6. 6.6 & 6.7 for ass/stance 3 Round everything
B C D E F G H 1 Note: See Inventory Methods Dally Activity & Comerstone 6.6. 6.6 & 6.7 for ass/stance 3 Round everything to $ except ave cost which should be rounded to cents. Units Purchase Price (per unit) Sale Price (per unit) March 19.00 20.00 Beginning Inventory Purchase 1 Sale 1 Purchase 2 Sale 2 Purchase 3 35.00 200 350 250 400 450 8 Mar 12 Mar 19-Mar 24-Mar 30-Mar 22.00 38.00 250 24.00 25.00 40.00 April Purchase 4 Sale 3 Purchase 5 Sale 4 Sale 5 2 Apr 10-Apr 20 Apr 22. Apr 29-Apr 300 400 250 300 200 26.00 40.00 42.00 Complete a) through 1) a) Compute cost of goods sold, the cost of ending inventory and gross margin for March using FIFO b) Compute cost of goods sold, the cost of ending inventory and gross margin for April using FIFO c) Compute cost of goods sold, the cost of ending inventory and gross margin for March using UFO d) Compute cost of goods sold, the cost of ending inventory and gross margin for April using UFO e) Compute cost of goods sold, the cost of ending Inventory and gross margin for March using Ave. Cost Compute cost of goods sold, the cost of ending inventory and gross margin for April using Ave. Cost
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