Question: Current Attempt in Progress This information is available for Marigold Photo for 2018, 2019, and 2020. Calculate days in inventory for Marigold Photo Ltd, for




Current Attempt in Progress This information is available for Marigold Photo for 2018, 2019, and 2020. Calculate days in inventory for Marigold Photo Ltd, for 2018, 2019, and 2020. (Round answers to 1 decimal place, eg. 1.5.) On December 1, 2020, Swifty Printers had the account balances shown below. (5.7000.65) The following transactions occurred during December: Dec. 3 Purchased 7.600 units of inventory on account at a cost of 0.72 per unit. 5 Sold 8,360 units of inventory on account for 0.92 per unit. (It sold 5,700 of the 0.65 units and 2,660 of the 0.72 ) 7 Granted the December 5 customer 350 credit for 380 units of inventory returned costing 268. These units were returned to inventory. 17 Purchased 4,180 units of inventory for cash at 0,78 each. 22 Sold 3.800 units of inventory on account for E0.95 per unit. (it sold 3,800 of the 0.72 units). The following transactions occurred during December: Dec. 3 Purchased 7,600 units of inventory on account at a cost of 0.72 per unit. 5 Sold 8.360 units of inventory on account for 0.92 per unit. (It sold 5,700 of the 0.65 units and 2,660 of the 0.72.) 7 Granted the December 5 customer 350 credit for 380 units of inventory returned costing 268. These units were returned to inventory. 17 harchased 4,180 units of inventory for cash at 0.78 each. 22 Sold 3,800 units of inventory on account for 0.95 per unit. (It sold 3,800 of the 0.72 units.) Adjustment data: 1. Accrued salaries payable 760. Compute ending inventory and cost of goods sold under FIFO, assuming Swifty Printers uses the periodic inventory system. Ending inventory Cost of Goods Sold E Attempts: 0 of 3 used
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