Question: happy easter do both please! stay safe!! Silk Company has the following data available: Date Activity Units Unit Cost Oct 1 Beginning Inventory 650 $20
Silk Company has the following data available: Date Activity Units Unit Cost Oct 1 Beginning Inventory 650 $20 Oct 5 Purchases $32 Oct 10 Sale Oct 14 Purchase 450 36 What is the value of ending inventory under a perpetual LIFO inventory system? $29,100 $21,000 $25,200 $25,000 Question 26 5 pts Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 720 units that cost $12 each During the month, the company made two purchases: 300 units at $13 each and 1.200 units at $13.50 each. Checkers also sold 1,390 units during the month. Using the average cost method, what is the amount of cost of goods sold for the month? (Round average cost per unit to 2 decimals) $17.535 $18.000 518,670
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