financial position? a. 5,700,000 b. 6.700.000 c. 6,500,000 d. 7.700.000 5. During January, Eleanor Company recorded...
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financial position? a. 5,700,000 b. 6.700.000 c. 6,500,000 d. 7.700.000 5. During January, Eleanor Company recorded the following information regarding its inventory: Units Unit cost Total cost Units on hand Balance on 1/1 9.000 300 2,700,000 9.000 Purchased on 1/9 6,000 250 1,500,000 15,000 Sold on 1/16 11.000 4.000 Sales return 1/17 1,000 5,000 Purchased on 1/22 5,000 400 2,000,000 10,000 Sold on 1/27 4.000 6,000 Purchased on 1/29 5,000 380 1,900,000 11.000 1. What is the ending inventory of Eleanor Company under FIFO method? a. 4,150,000 c. 4,500,000 b. 3,900,000 d. 4,250,000 2. What is the cost of sales under the perpetual FIFO method? a. 3.950.000 b. 5,950,000 financial position? a. 5,700,000 b. 6.700.000 c. 6,500,000 d. 7.700.000 5. During January, Eleanor Company recorded the following information regarding its inventory: Units Unit cost Total cost Units on hand Balance on 1/1 9.000 300 2,700,000 9.000 Purchased on 1/9 6,000 250 1,500,000 15,000 Sold on 1/16 11.000 4.000 Sales return 1/17 1,000 5,000 Purchased on 1/22 5,000 400 2,000,000 10,000 Sold on 1/27 4.000 6,000 Purchased on 1/29 5,000 380 1,900,000 11.000 1. What is the ending inventory of Eleanor Company under FIFO method? a. 4,150,000 c. 4,500,000 b. 3,900,000 d. 4,250,000 2. What is the cost of sales under the perpetual FIFO method? a. 3.950.000 b. 5,950,000
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