Question: Determine using the periodic Inventory system (1) the ending Inventory and (2) the cost of goods sold COST OF GOODS AVAILABLE FOR SALE Date Units

 Determine using the periodic Inventory system (1) the ending Inventory and
(2) the cost of goods sold COST OF GOODS AVAILABLE FOR SALE
Date Units Total Cost Unt Cost Explanation Beginning inventory Purchase Purchase Purchase
Purchase Total Unts sold Ending inventory Proof of Cost of Goods Sold
- FIFO Date Units Unit Cost Total Cost Ending Inventory - FIFO

Determine using the periodic Inventory system (1) the ending Inventory and (2) the cost of goods sold COST OF GOODS AVAILABLE FOR SALE Date Units Total Cost Unt Cost Explanation Beginning inventory Purchase Purchase Purchase Purchase Total Unts sold Ending inventory Proof of Cost of Goods Sold - FIFO Date Units Unit Cost Total Cost Ending Inventory - FIFO Unts Unit Cost Date Total Cost Proof of Cost of Goods Sold - LIFO Date Units Unit Cost Total Cost Ending Inventory - LIFO Units Unit Cost Total Cost Date AVERAGE COST Total goods available for sale Total units available Average cost "Round to two decimal points Ending Inventory - Average Cost Units Unit Cost Total Cost Cost of Goods Sold - Average Cost Units Unit Cost Total Cost Perpetual Inventory System FIFO Puth COSTAGOODS SOLD Coste Cater Vet unat Trota Count Total Com Date Una cost per un total.com ods sold Cost of Good old Ending Perpetual Inventory System LIFO he CONTECOS CP UT Tec Un camera com COM Perpetual Inventory System WEIGHTED AVERAGE Perpetual Inventory System WEIGHTED AVERAGE

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!