Question: please complete part B. Thank you! Problem 8-OB (Part Level Submission) George's Televisions produces television sets in three categories portable, midsize, and flat-screen On January

Problem 8-OB (Part Level Submission) George's Televisions produces television sets in three categories portable, midsize, and flat-screen On January 1, 2020, George adopted dollar-value LIFO and decides to use a single inventory pool. The company's January 1 Inventory consists of: Category Portable Midsize Flat-screen Quantity cost per Unit 12,600 $100 16,800 250 6,300 400 35,700 Total Cost $ 1.260,000 4,200,000 2,520,000 $7,980,000 During 2020, the company had the following purchases and sales Quantity Quantity Selling Price Category Purchased Cost per Unit Sold per Unit Portable 31,500 5110 29,400 $150 Midsize 42.000 300 50,400 400 Fat-screen 21,000 500 12,600 600 94,500 92,400 (1) Your answer is correct Calculate price index (Round price index to 4 decimal places, e.g. 1.4562.) Price index 1.2156 CALCRATC VERSION BACK Compute ending inventory, cost of goods sold, and gross profit. (Round answers to decimal places, .. 6,548.) Ending Inventory 9766367 Cost of goods sold 24770133 Gross profit 7351867 SKW SOLUTION LINK TO TEXT Attempts: 1 of 5 used (b) X Your answer is incorrect. Try again Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 2 decimal places, e.g. 1.45 and final answers to o decimal places, eg. 6,548.) Ending Inventory Cost of goods sold Gross profit
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