Using the information in the table, calculate: (1) The total cost of each purchase transaction (2)...
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Using the information in the table, calculate: (1) The total cost of each purchase transaction (2) The total units on hand after each transaction (3) The ending inventory in units and dollars using the different costing methods below. PERPETUAL: (1) FIFO, (2) LIFO PERIODIC: (3) FIFO, (4) LIFO, (5) WEIGHTED-AVERAGE 5) COMPLETE THE TABLE UNITS UNIT COST TOTAL COST UNITS ON HAND Balance on 11/1/19 1,000 $1 Purchased 11/3/19 500 $2.50 Sold 11/09/19 750 Purchased 11/11/19 400 $3.25 Purchased 11/15/19 400 $4.75 Purchased 11/22/19 700 $6.50 Sold 11/25/19 550 Sold 11/28/19 1,500 Using the information in the table, calculate: (1) The total cost of each purchase transaction (2) The total units on hand after each transaction (3) The ending inventory in units and dollars using the different costing methods below. PERPETUAL: (1) FIFO, (2) LIFO PERIODIC: (3) FIFO, (4) LIFO, (5) WEIGHTED-AVERAGE 5) COMPLETE THE TABLE UNITS UNIT COST TOTAL COST UNITS ON HAND Balance on 11/1/19 1,000 $1 Purchased 11/3/19 500 $2.50 Sold 11/09/19 750 Purchased 11/11/19 400 $3.25 Purchased 11/15/19 400 $4.75 Purchased 11/22/19 700 $6.50 Sold 11/25/19 550 Sold 11/28/19 1,500
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