Question: HELP PLEASE!! Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as follows: Mar. 1 Inventory 96 units @ $33 8

HELP PLEASE!!  HELP PLEASE!! Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales
for Item 88-HX are as follows: Mar. 1 Inventory 96 units @

Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 88-HX are as follows: Mar. 1 Inventory 96 units @ $33 8 Sale 77 units 15 Purchase 107 units $36 27 Sale 90 units Assuming a perpetual Inventory system and using the last-in, first-out (LIFO) method, determine (a) the cost of goods sold on Mar 27 and (b) the inventory on Mar 31. a. Cost of goods sold on Mar. 27 b. Inventory on Mar. 31 Periodic Inventory Using FIFO, LIFO, and weighted Average Cost Method. The units of an item available for sale during the year were as follows: Jan. 1 Inventory 8 units at $49 $392 Aug. 13 Purchase 15 units at $50 750 Nov. 30 Purchase 13 units at $52 676 Available for sale 36 units $1,818 There are 17 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first in, first out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar), a First-in, first-out (FIFO) b. Last-in, first-out (LIFO) Weighted average cost

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