Question: please help me asap!! i would be so thankfullll PROBLEM SET B Problem 6-18 Perpetual: Alternative cost flows P1 Ming Company uses a perpetual inventory
PROBLEM SET B Problem 6-18 Perpetual: Alternative cost flows P1 Ming Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for April (For specific identification, unts sold consist of 20 units from beginning inventory, 30 units from the April 6 purchase, and 10 units from the April 25 purchase) Date Activities Undergrad Col Untitlelater Apr1 Huginner 20 000 AD Purchase $1.500 A 32.900 Puch Sus 1.500 A 25 Parche 10.00 Aox 30 new Ap 17 Sales To Required 1. Compute cost of goods available for sale and the number of units available for sale 2. Compute the number of units in ending inventory 3. Compute the cost assigned to ending inventory using (o) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification, (Round all amounts to cents 4. Compute gross profit earned by the company for each of the four costing methods in part 3 PROBLEM SETH Pob Perpetu, Authe twitter Ming Corpory were the topic Alcace non detect and recome 1 Comte worden before 2. Comet 2. Coroten we met FLFQ, when 4. Comedy the coach of the chest Pro-20 Pero Aston 73 Rein Pro- meymi w required Codes were of 2. Camphorbitor Come theated to work without write 4 Company the comfor each of us
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