Question: QUESTION 30 Using the below information determine ending Inventory assuming the weighted average cost flow assumption. Please round mal answers to the nearest whole dollar


QUESTION 30 Using the below information determine ending Inventory assuming the weighted average cost flow assumption. Please round mal answers to the nearest whole dollar Date June 1 June 5 June 11 June 18 Transaction Beginning Inventory Purchase Purchase Purchase Goods Available for Sale Less Units Sold Ending Inventory Units 500 1.200 600 1,500 Cost per Unit $750 $755 $760 $775 Total Cost $3.750 $9.060 $4.560 $11.625 $28.995 3.800 3.000 800 June 30 O $6.200 O $6.015 O $22.890 O $6.104 QUESTION 31 Using the data below, estimate ending inventory using the retail method. Please round final answers to the nearest whole Star COST RETAIL Beginning Inventory 45.000 72.000 Net Purchases 60,000 98.000 Goods Available for Sale 105,000 170,000 Goods Sold During the Period 125.000 Ending Inventory 45.000 O $27.794 O $71.429 O $28,470 O $77.205 QUESTION 50 On April 2. 2018, a piece of equipment was purchased for $55.000 They plan to use the equipment to make their product for the next 10 years and the equipment will have a $5,000 residual value at the end of its useful life. The equipment is estimated to produce 150,000 units i total Using the straight line method what is the balance in accumulated depreciation at the end of 2019.(second year of asset/? O $10,000 O $8.750 O $9.625 O $7500
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