Question: i need the average cost for section B. (a2) Your answer is partially correct. Try again From these data compute the ending inventory on each


(a2) Your answer is partially correct. Try again From these data compute the ending inventory on each of the following bases. Assume that perpetual inventory records are kept in units only. ( (LIFO). (3) Average cost. (Round final answers to decimal places, e.g. 6,548.) First in, first-out (FIFO). (2) Last-in, first-out (1) (2) FIFO LIFO (3) Average-cost Ending Inventory 3850 3751 SHOW SOLUTION SHOW ANSWER Attempts of 3 used (b) Your answer is partially correct. Try again If the perpetual Inventory record is kept in dollars, and costs are computed at the time of each with would the amounts shown as ending inventory is (1). (2), and (3) above be the same What amount would be shown as ending inventory? (Round average cost per un to a decimal places, 9.2.7621 and final answers to decimal places, e.g. 6,548.) Average cost woudut te same Ending Inventory 300 UNT TEXT TEXT 1,200 2,000 3.85 700 2,700 1,000 1,700 (al) Your answer is correct. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average cost per unit 3.63 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT Problem 8-5 (Part Level Submission) Some of the information found on a detail inventory card for Tamarisk Inc. for the first month of operations is as follows, Date January 2 3.52 Received Issued, No. of Units Unit Cost No. of Units 1,600 $3.30 1,100 1,000 900 1,400 3.63 700 1,100 1,700 3.74 1,200 2,000 3.85 1,700 Balance, No. of Units 1,600 500 1,500 600 1,300 200 1,900 700 2,700 1,000 (al) Your answer is correct. Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Average-cost per unit 3.63 SHOW SOLUTION SHOW ANSWER LINK TO TEXT LINK TO TEXT
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