Question: Question 5 10 pts Beginning inventory, purchases and sales data for T-shirts are as follows: Apr 3 Inventory 24 units @ $10 Purchase 26 units
Question 5 10 pts Beginning inventory, purchases and sales data for T-shirts are as follows: Apr 3 Inventory 24 units @ $10 Purchase 26 units @ $12 Sale 36 units Purchase 18 units @ $15 25 Sale 20 units Assuming the business maintains a perpetual inventory system, calculate the cost of merchandise sold on April 14th and April 25th, as well as ending inventory as of April 30th, using FIFO. Enter as whole numbers! Do not use decimals or dollar signs. COMS April 14th $ COMS April 25th $ Ending Inventory April 30th $ Question 6 10 pts Office equipment was purchased on January 2, 2006 for $170,000, with an estimated life of 8 years and a residual value of $10.000. It is sold on June 30 2012 for 5 000 cash Acume all annrennate
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