Question: Please help, thank you. Problem 6-5A (Part Level Submission) You are provided with the following information for Najera Inc. for the month ended June 30,
Problem 6-5A (Part Level Submission) You are provided with the following information for Najera Inc. for the month ended June 30, 2015. Najera uses the periodic method for inventory. Date Quantity Unit Cost or Selling Price June 1 41 $38 139 June 4 June 10 June 11 June 18 June 18 June 25 June 28 Description Beginning inventory Purchase Sale Sale return Purchase Purchase return Sale Purchase 106 15 56 9 64 29 43 73 73 46 46 77 51 (1) Your answer is correct. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Weighted average cost per unit 43.66 SHOW SOLUTION LINK TO TEXT VIDEO: SIMILAR PROBLEM (a2) Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. (1) UFO (2) FIFO. (3) Average-cost. (Round average-cost 1,250.) LIFO FIFO AVERAGE-COST The ending inventory The cost of goods sold Gross profit LINK TO TEXT VIDEO: SIMILAR
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