Question: Need help with theseName HW # 9 Problem 3 The activity below is for calendar 2 0 1 4 . table [ [ The
Need help with theseName
HW #
Problem
The activity below is for calendar
tableThe activity below is for calendar Units sold at retailDateActivities,Units Acquired,$ JanBeginning Inv, units @ $$ tableFebMar units @ $$ tableMarMar units @ $ units @ $$ Mar$ Aug units @ $$ Sept units @ $$ units @ $$ Sept$
Required:
Compute cost of goods available for sale and the number of units available for sale.
Compute the number of units in ending inventory.
Compute the cost assigned to ending inventory using a FIFO, b LIFO, c weighted average, d specific identification. Specific ID sales data: units from beginning inventory
units from the March purchase
Compute gross profit for each of the methods
Cost of goods available for sale
Acquisition Date
Total
table
Units in ending inventory
table
HW #
Problem
Ending inventory include the following items. Compute the LCM for ending inventory applied separately to each product.
tabletableEnding in inventoryInv ItemUnits,Cost,Market, Total
Cost Total Market,LCM Applied to items$$CamcordersDVDs
Problem
Use the following information to calculate the inventory turnover for and and its days' sales in inventory at December Round answers to decimal.
Round answers decimal. $$
Cost goods sold $$$
Ending inventory $$
Inventory Turnover
Days' Sales in Inventory
Inventory turnover
Days' Sales in Inventory
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