Question: please do 8-10 Use the following information to answer Questions 7 through 10. A company had the following inventory transactions for the month of April.

Use the following information to answer Questions 7 through 10. A company had the following inventory transactions for the month of April. The company had no beginning inventory on hand on April 1. COMPANY INFORMATION FOR INVENTORY TRANSACTIONS FOR MONTH OF APRIL Purchases Sales April 1 1.200 @ $3.20 April 2 900 @ $5.50 33.300 @ $3.10 6 2.400 @ $5.50 71,800 $3.30 9 1,500 @ $5.50 15 2,700 @ $3.40 10 600 @ $6.00 22 750 @ $3.50 18 2.100 @ $6.00 25 450 @ $6.00 7. Assuming that inventory records are kept on a periodic basis, the ending inventory using the LIFO cost flow assumption is: (a) $5,700. (b) $5,910. (c) $5,760 (d) $6.195. 8. Assuming that inventory records are kept on a perpetual basis, the ending inventory using the LIFO cost flow assumption is: (a) $5,700. (b) $5,760. (c) $5.910. (d) $6.195. 9. Assuming that inventory records are kept on a perpetual basis, the ending inventory using the FIFO cost flow assumption is: (a) $5.700 (b) $5,760. (c) $6,195. (d) $6,300. 10. Assuming that inventory records are kept on a periodic basis, the ending inventory using the weighted average cost flow assumption is: (a) $5.940. (b) $5,868. wool hayaqut (c) $5,910. don bar (d) $5.985
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