PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/0 M AC114 Unit 10 Lab Assignment Question 1 of 7 View Policies Current Attempt in Progress Waterway Video Center accumulates the following cost and net realizable data at December 31. Inventory Cost Net Realizable Categories Data Value Data Cameras $12,100 $12,600 Camcorders 9,000 9,400 Blu-ray players 14,500 13,400 Compute the lower-of-cost-or-net realizable value valuation for the company's total inventory. The lower-of-cost-or-net realizable value $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit AnswerPG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X + C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/1 M AC114 Unit 10 Lab Assignment Question 2 of 7 -143 View Policies Current Attempt in Progress Waterway Department Store uses a perpetual inventory system. Data for product E2-D2 include the following purchases. Date Number of Units Unit Cost May 7 45 $13 July 28 30 16 On June 1, Waterway sold 25 units, and on August 27, 41 more units. (a ). (b) (c)PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj x + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/1 M - AC114 Unit 10 Lab Assignment Question 2 of 7 > - 14 8 (a). Prepare the perpetual inventory schedule for the above transactions using FIFO. Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ June 1 $ $ July 28 $ $ Aug. 27 $ $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (b)PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a8b3#/question/1 M - AC114 Unit 10 Lab Assignment Question 2 of 7 > - 14 8 ( b ) . Prepare the perpetual inventory schedule for the above transactions using LIFO. Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ June 1 July 28 $ $ Aug. 27 $ $ e Textbook and Media Save for Later Attempts: 0 of 5 used Submit AnswerPG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/1 M - AC114 Unit 10 Lab Assignment Question 2 of 7 > - 14 8 (c). Prepare the perpetual inventory schedule for the above transactions using moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.50 and final answers to O decimal places, e.g. 1,250.) Product E2-D2 Date Purchases Cost of Goods Sold Balance May 7 $ $ June 1 $ $ July 28 Aug. 27 $ $ $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit AnswerPG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x C A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6bebea2a863#/question/2 M AC114 Unit 10 Lab Assignment Question 3 of 7 - / 10 (a 1) Calculate the Moving-average cost per unit at January 1, 5, 8, 10, 15, 16, 20, & 25. (Round answers to 3 decimal places, e.g. 5.251.) Moving-Average Cost per unit January 1 January 5 to January 8 January 10 to January 15 to January 16 to January 20 to January 25 eTextbook and Media Save for Later Attempts: 0 of 5 used Submit AnswerPG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/5 M - AC114 Unit 10 Lab Assignment Question 6 of 7 > - /10 (a 1) . (a2). For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250.) LIFO FIFO Moving-average Cost of goods sold $ Ending inventory LA to Gross profit $ $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit AnswerPG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/5 M AC114 Unit 10 Lab Assignment Question 6 of 7 - / 10 View Policies Current Attempt in Progress Coronado Inc. is a retailer operating in British Columbia. Coronado uses the perpetual inventory system. All sales returns from customers result in the goods being returned to inventory; the inventory is not damaged. Assume that there are no credit transactions; all amounts are settled in cash. You are provided with the following information for Coronado Inc. for the month of January 2022. Date Description Quantity Unit Cost or Selling Price January 1 Beginning inventory 100 $13 January 5 Purchase 149 16 January 8 Sale 115 28 January 10 Sale return 10 28 January 15 Purchase 55 18 January 16 Purchase return 5 18 January 20 Sale 94 33 January 25 Purchase 18 20 (a 1). javascript:void(0)PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a863#/question/6 M - AC114 Unit 10 Lab Assignment Question 7 of 7 - / 10 (a1). Calculate the average cost per unit at July 1, 6, 11, 14, 21 & 27. (Round answers to 3 decimal places, e.g. $105.501.) Average cost for each unit July 1 $ July $ July 11 $ July 14 $ July 21 $ July 27 $ eTextbook and Media E Save for Later Attempts: 0 of 5 used Submit Answer (a2)PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a8b3#/question/6 M - AC114 Unit 10 Lab Assignment Question 7 of 7 > - / 10 (a1) (a2). Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to O decimal places, e.g. 1,250.) FIFO MOVING-AVERAGE The ending inventory under a perpetual inventory system $ LA eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (b)PG Campus B Unit 10 Lab Assignment - AC11 x NWP Assessment Player UI Apj X Homework Help - Q&A from Or x + C A education. wiley.com/was/ui/v2/assessment-player/index.html?launchld=b085ffa6-7801-4608-ae75-6beb2ea2a8b3#/question/6 M - AC114 Unit 10 Lab Assignment Question 7 of 7