Question: can you please help me with this question , i am not sure if i am doing it even right, but still it'll be great


B D Problem 5-3A Working Papers 1. Calculate cost of goods available for sale. Notice the units available for sale are already totaled. Total Cost 27000 16800 5400 5000 23000 77200 5 Activities Units Acquired at Cost = 6 Jan. 1 Beginning inventory 600 units @ $45.00 7 Feb. 10 400 units @ $42.00= 8 Mar. 13 200 units @ $27.00 9 Aug. 21 100 units @ $50.00 = 10 Sept. 5 500 units @ $46.00 = 11 Total Goods Available For Sale 1,800 units 12 13 14 2. Units in ending inventory: 15 Units available 1800 16 Less: Units sold 17 Ending Inventory (units) 18 19 Req3 20 Ja. FIFO 21 Cost of goods available for sale (from part 1) 22 23 Ending Inventory: 24 400 units @ $46 25 26 27 28 29 Cost of Goods Sold 30 600 units @ $45.00 31 400 units @ $42.00 32 400 units @ $42.00 33 1400 34 35 b. UFO Page 1 77200 18400 58800 27000 16800 16800 60600 X 71 fr Cost of goods available for sale (fr A B D E b. LIFO 77200 18000 59200 Cost of goods available for sale (from part 1) B Ending Inventory: 0 400 units @ $45 -1 12 13 44 45 Cost of Goods Sold 46 47 48 49 50 Periodic Inventory 51 c. Weighted average 52 53 Calculat-eighted average cost per unit: 54 55 56 57 Cost of goods available for sale 58 59 Ending Inventory: 60 61 62 63 64 65 Cost of Goods Sold 66 67 68 69 70 d. Specific identification 71 Cost of goods available for sale (from part 1) Page 2 . B D E A 69 70 d. Specific identification 71 Cost of goods available for sale (from part 1) 72 73 Cost of Goods Sold 74 75 76 77 78 79 Ending Inventory 80 81 82 83 84 85 86 87 Reg. 4 88 89 Sales calculation 90 91 92 93 94 95 Sales 96 Less: Cost of goods sold 97 Gross profit 98 99 Reg. 5 100 101 102 Page 3 Weighted Average Specific Identification FIFO LIFO
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