Required information The following information applies to the questions displayed below] The following are the transactions...
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Required information The following information applies to the questions displayed below] The following are the transactions for the month of July Unix Belling Jely 1 July 13 July 25 July 31 Deginning Inventory Unite 52 Unit Cost 10 260 Sold (100) $ 14 Ending Tentury 212 Required: a. Calculate cost of goods available for sale and ending inventory under FIFO, Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required Calculate cost of goods available for sale and ending inventory under FIFO. Assume a periodic inventory system is used. EEO (Periodic) Beginning Inventory Cost per Units Total Unit S 0 Purchases July 13 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold Ending Inventory " 80 20 54 #3 3 R E % 85 5 $ $ 8 66 MacBook Air 8 : DII 27 7 8 9 T Y U D F G H C B M K tabs below. Required A Required B Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. FIFO (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B Required A Required B Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Beginning Inventory Purchases July 13 Goods Available for Sale Units Cost per Unit Total $ 0 $ 0 Cost of Goods Sold Total Cost of Goods Sold Ending Inventory $ 0 Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B> Required A Required B Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Weighted Average (Periodic) Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Units Cost per Total Unit $ 0 $ 0 0 Required A Required B > Required A Required B Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to the nearest whole dollar amount.) Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B > Required information The following information applies to the questions displayed below] The following are the transactions for the month of July Unix Belling Jely 1 July 13 July 25 July 31 Deginning Inventory Unite 52 Unit Cost 10 260 Sold (100) $ 14 Ending Tentury 212 Required: a. Calculate cost of goods available for sale and ending inventory under FIFO, Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required Calculate cost of goods available for sale and ending inventory under FIFO. Assume a periodic inventory system is used. EEO (Periodic) Beginning Inventory Cost per Units Total Unit S 0 Purchases July 13 Goods Available for Sale Cost of Goods Sold Total Cost of Goods Sold Ending Inventory " 80 20 54 #3 3 R E % 85 5 $ $ 8 66 MacBook Air 8 : DII 27 7 8 9 T Y U D F G H C B M K tabs below. Required A Required B Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. FIFO (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B Required A Required B Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Beginning Inventory Purchases July 13 Goods Available for Sale Units Cost per Unit Total $ 0 $ 0 Cost of Goods Sold Total Cost of Goods Sold Ending Inventory $ 0 Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used. LIFO (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B> Required A Required B Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Weighted Average (Periodic) Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Units Cost per Total Unit $ 0 $ 0 0 Required A Required B > Required A Required B Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to the nearest whole dollar amount.) Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit < Required A Required B >
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