Question: Fill in the missing amounts for items (a) through (o) as well as a1 through m1 in the following perpetual inventory records: Calculate the cost

Fill in the missing amounts for items (a) through (o) as well as a1 through m1 in the following perpetual inventory records:

Calculate the cost of goods sold and ending inventory using weighted average. (Round the weighted average cost per unit to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 5,250.)

Purchases Cost of Goods Sold Balance
Date Units Cost Total Units Cost Total Units Cost Total Units Total Cost WA Cost Per unit
Apr-01 Beginning Inventory
21 $12 $252 21 $12 $252
Apr-15 59 $14 $826 $ $ 21 $252
59 $826
$ $
Apr-20 23 $ $ $ $ 80 $1,078
-23 $310.04
$ $
Apr-23 51 $15 $765 108 $ $ 57 $767.96
51 $765
$ $
Apr-28 65 $ $ 43 $ $ 108 $1,532.96
-65 $922.35
43 $ $
131 $1,843 88 $ 43 $610.61

eTextbook and Media

Calculate the cost of goods sold and ending inventory using FIFO. (HINT: Use two rows to show your cost of goods sold calculation in layers)

Purchases Cost of Goods Sold Inventory Balance
Date Units Cost Total Units Cost Total Units Cost Total
Apr-01 Beginning Inventory
21 $12 $252 21 $12 $252
Apr-15 59 $14 $826 21 $12 252
$ $
Apr-20 23 $ $
2 $ $ $ $
Apr-23 51 $15 $765 $ $
$ $
Apr-28 65 $ $
8 $ $ 43 $ $
131 $1,843 88 $ 43 $645

eTextbook and Media

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