Question: How to solve the problem Problem #112 Points PLEASE SHOW ALL OF YOUR WORK AND COMPUTATIONS Mango/Papaya Corp. had the following information related to their
Problem #112 Points PLEASE SHOW ALL OF YOUR WORK AND COMPUTATIONS Mango/Papaya Corp. had the following information related to their June, 2017 Inventory nits Price Total 140 260 270 Date $32.00 $4,480 $33.00 $8,580 $38.00 $10,260 6/1/17 Beginning Balance 6/18/17 Purchase 6/23/17 Purchase Mango/Papaya Corp. sold 430 units of inventory at a price of $68 per unit in June. Re uired, Provide the ending invetor in units and cost and Cost of Goods Sold for yne 2017 using the FIFO (First-in-First-Out) Periodic Accounting method 29 Erding Inventory in Units-muntahdogo)- Ending Inventory Cost- 322, s - X Cost of Goods Sold-44 ang X24013)a (13x31)r 20x38.: 1800 Required: Provide the ending inventory in units and cost and Cost of Goods Sold for June 2017 using the LIFO (Last-in-First-Out) Periodic Accoudting method Ending Inventory in Units = C) u o X39 )79 8 Co Ending Inventory Cost = 11aoy ? 2 ) t Cost of Goods Sold-2
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