Question: i need help with a b , c please BusinesCourse Return to course Support Dashboard Rachel Zonius. Que1 Nope Marked out of 100 qu Inventory
BusinesCourse Return to course Support Dashboard Rachel Zonius. Que1 Nope Marked out of 100 qu Inventory Costing Methods-Periodic Method Fortune Stores uses the periodic inventory system for its merchandise inventory. The April 1 inventory for one of the items in the merchandise inventory consisted of 120 units with a unit cost of $335. Transactions for this item during April were as follows: Apr 9 Purchased 40 unts@ $355 per 14 Sold 30 un $550 perunt 23 Pued 20 uits@ $300 per unt 29 Sold Required a. Calculate the cost of goods sold and the ending inventory cost for the month of Aprit using the weighted average cost method. Do not round until your final anowers. Round your final armwers to the nearest dollar ti Calculate the cost of goods sold and the ending inventory cost for the month of April using the first in first-out th C-Calculate the cost of goods sold and the ending inventory cost for the month of April using the last in, first-out method a weghead Average Ending inventory Costed $ 6 9 Ending inventory Cost of Goods Sol Last fist-od Diding invertory Cof Goods Sol THPV 719 Surry hop & Fritin festo 0 a A
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
