Date Transaction Apr. 1 Beginning inventory of Units Cost 430 $2.10 2.70 Apr.20 Purchase 420 Dunbar sold 590 units of inventory during the month. Ending Inventory assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to t Multiple Choice $702. $546.
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- Calculate the cost of goods sold dollar value for A74 Company for the sale on March 11, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average (AVG).Calculate the cost of goods sold dollar value for B74 Company for the sale on November 20, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average (AVG).Refer to the information for Morgan Inc. above. If Morgan uses a perpetual inventory system, what is the cost of ending inventory under FIFO at April 30? a. $32,500 b. $38,400 c. $63,600 d. $69,500
- Calculate the cost of goods sold dollar value for B67 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for weighted average (AVG).TB MC Qu. 05-125 Jammer Company... Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 August 18 August 29 August 31 Purchase Purchase Sale Purchase What is the per-unit value of ending inventory on August 31? (Round your per unit answers to 2 decimal places.) Multiple Choice $10.50 $13.50 $13.30 $14.64 8 units at $10.50 per unit. 10 units at $14.00 per unit. 16 units. 13 units at $13.50 per unit. $12.44 < Prev 5 of 10 NInventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 500 $2.32 Apr. 20 Purchase 320 2.55 Dunbar sold 690 units of inventory during the month. Cost of goods sold assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $1,674. $1,601. 吕口 F3 F2 F4 F5 F6 F7 F8 F9 F10 FII @ 23 2$ & * 2 4 5 6 7 8 9 %3D { W E R Y P S F G H. J K > C V N M olt B DI
- Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 450 $2.19 Apr. 20 Purchase 350 2.65 Dunbar sold 640 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not round your intermedia calculations. Round your answer to the nearest dollar amount.) Multiple Choice $424. $350. g88 FA II F8 4) FI F6 F2 F5 F7 F9 F10- @ # 2$ & 2 3 4 6 7 8 W E T Y U S D F G H K C V В N MTB MC Qu. 05-125 Jammer Company... Jammer Company uses a weighted average perpetual inventory system and reports the following: August 2 August 18 August 29 August 31 Purchase Purchase Sale Purchase What is the per-unit value of ending inventory on August 31? (Round your per unit answers to 2 decimal places.) Multiple Choice $10.50 $13.50 $13.36 $14.64 8 units at $10.50 per unit. 10 units at $14.00 per unit. 16 units. 13 units at $13.50 per unit. $12.44Inventory records for Dunbar Incorporated revealed the following: Date Transaction Numberof Units UnitCost Apr. 1 Beginning inventory 400 $ 2.11 Apr. 20 Purchase 380 2.65 Dunbar sold 580 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $422. $844. $1,007. $530.
- Inventory records for Marvin Company revealed the following: Number Unit Date Transaction of Units Cost Mar. 1 Beginning inventory 1,010 $7.24 Mar.10 Purchase 520 7.74 Mar.16 Purchase 463 8.34 Mar. 23 Purchase 540 9.04 Marvin sold 1,860 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $6,722. $1,439.Beginning inventory, purchases, and sales for WCS12 are as follows: Date Line Item Description Value Oct. 1 Inventory 340 units at $14 Oct. 13 Sale 160 units Oct. 22 Purchase 320 units at $15 Oct. 29 Sale 200 units a. Assuming a perpetual inventory system and using the weighted average method, determine the weighted average unit cost after the October 22 purchase. Round your answer to two decimal places.fill in the blank 1 of 1$ per unit b. Assuming a perpetual inventory system and using the weighted average method, determine the cost of goods sold on October 29. Round your "average unit cost" to two decimal places.fill in the blank 1 of 1$ c. Assuming a perpetual inventory system and using the weighted average method, determine the inventory on October 31. Round your "average unit cost" to two decimal places.fill in the blank 1 of 1$Inventory records for Dunbar Incorporated revealed the following: Number of Units Unit Date Apr. 1 Beginning inventory Apr. 20 Purchase Transaction Cost $2.10 430 420 2.70 Dunbar sold 590 units of inventory during the month. Ending inventory assuming LIFO would be: (De not round your intermediate calculations. Round your answer to the nearest dollar amount) Mtiple Choice S702. $546 $1134. $903
