D G S ezto.mheducation.com + D2L X M Question 2 - Chapter 6 Quiz - Connect Chapter 6 Quiz i Saved Help Save & Exit Submit 2 Required information [The following information applies to the questions displayed below.] Part 1 of 4 Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost 14.28 June 1 Beginning inventory 16 $220 $3, 520 June 7 11 points Sale June 12 Purchase 10 210 2, 100 June 15 Sale 12 01:16:30 June 24 Purchase 10 200 2, 000 June 27 Sale 8 June 29 Purchase a 190 1, 710 $9, 330 Required: 1. Calculate ending inventory and cost of goods sold at June 30, using the specific identification method. The June 7 sale consists of fishing reels from beginning inventory, the June 15 sale consists of three fishing reels from beginning inventory and nine fishing reels from the June 12 purchase, and the June 27 sale consists of one fishing reel from beginning inventory and seven fishing reels from the June 24 purchase. Ending inventory Cost of goods sold Mc Graw HillG S ezto.mheducation.com + D2L X M Question 3 - Chapter 6 Quiz - Connect 3 Required information [The following information applies to the questions displayed below.] Part 2 of 4 Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost 14.28 June 1 Beginning inventory 16 $220 $3, 520 June 7 Sale 11 points June 12 Purchase 10 210 2, 100 June 15 Sale 12 01:16:23 June 24 Purchase 10 200 2, 000 June 27 Sale 8 June 29 Purchase 190 1, 710 $9, 330 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Ending inventory Cost of goods soldD G S ezto.mheducation.com + D2L X M Question 4 - Chapter 6 Quiz - Connect Chapter 6 Quiz i Saved Help Save & Exit Submit 4 Required information [The following information applies to the questions displayed below.] Part 3 of 4 Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost 14.28 June 1 Beginning inventory 16 $220 $3, 520 June 7 Sale 11 points June 12 Purchase 10 210 2, 100 June 15 Sale 12 01:16:17 June 24 Purchase 10 200 2, 000 June 27 Sale 8 June 29 Purchase a 190 1, 710 $9, 330 3. Using LIFO, calculate ending inventory and cost of goods sold at June 30. Ending inventory Cost of goods sold Mc Graw HillD G S ezto.mheducation.com + D2L X M Question 5 - Chapter 6 Quiz - Connect Chapter 6 Quiz i Saved Help Save & Exit Submit 5 Required information [The following information applies to the questions displayed below.] Part 4 of 4 Jimmie's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system. Date Transactions Units Unit Cost Total Cost 14.28 June 1 Beginning inventory 16 $220 $3, 520 June 7 Sale 11 points June 12 Purchase 10 210 2, 100 June 15 Sale 12 01:16:14 June 24 Purchase 10 200 2, 000 June 27 Sale 8 June 29 Purchase a 190 1, 710 $9, 330 4. Using weighted-average cost, calculate ending inventory and cost of goods sold at June 30. (Round your intermediate and final answers to 2 decimal places.) Ending inventory Cost of goods sold Mc Graw Hill