Problem 7-7 - FIFO Date Purchase Units Unit Cost Total Sold Unite Unite Cost Total 1-Jan 2-Feb 1000 $4.80 $4,800 10-Mar 5-Apr 900 2000 $3.60 $5 $4,536

Problem 7-7 - FIFO Date Purchase Units Unit Cost Total Sold...

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FIFO Purchase Sold Date Units Unit Cost Total Unite Unite Cost Total 1-Jan 2-Feb 1000 $4.80 $4,800 10-Mar 900 $5 $4,536 5-Apr 2000 $3.60 $7,200.00 15-May 500 $3.60 $2,520.00 1000 4.8 4800 300 3.6 1080 15-Jun 1200 $3.00 $3,600.00 6-Jul 800 $3.00 $2,400.00 23-Aug 600 $4 $2,160.00 30-Sep 1400 $2.88 $4,032.00 28-Nov 1800 $4.20 $7,560.00
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22-Dec $300.00 $3.60 1080 $1,200.00 $3.00 3600 1000 2.88 2880 TOTAL LIFO Purchase Sold Date Units Unit Cost Total Unite Unite Cost Total 1-Jan 2-Feb 1000 $4.80 $4,800 10-Mar 900 $4.80 $4,320.00 5-Apr 2000 $3.60 $7,200.00 15-May 1800 $4 $6,480 15-Jun 1200 $3.00 $3,600.00 6-Jul 800 $3.00 $2,400.00 23-Aug 400 $3 $1,200 200 $3.60 $7,056 30-Sep 1400 $2.88 $4,032.00
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28-Nov 1800 $4.20 $7,560.00 22-Dec 1800 $4.20 $7,560.00 700 $2.88 $2,016.00 TOTAL 31,536 Weight Purchase Sold Date Units Unit Cost Total Unite Unite Cost Total 1-Jan 2-Feb 1,000 $4.80 $4,800.00 10-Mar 900 $4.94 $4,446.00 5-Apr 2,000 $3.60 $7,200.00 15-May 1,800 $4.17 $7,506.00 15-Jun 1,200 $3 $3,600 6-Jul 800 $3.69 $2,952.00 23-Aug 600 $3.69 $2,214.00 30-Sep 1,400 $2.88 4,032 28-Nov 1,800 $4.20 $7,560.00 22-Dec 2,500 $3.64 $9,100.00
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Balance Unite Unite Cost Total 1,400 $5 7,056 1,400 $5 7,056 1000 $4.80 $4,800 500 $5 2,520 1000 $4.80 $4,800 500 $5 2,520 1000 $4.80 $4,800 2000 $3.60 $7,200.00 1,700 $4 6,120 1700 $3.60 $6,120.00 1,200 $3.00 $3,600.00 900 $4 $3,240.00 1,200 $3.00 $3,600.00 300 $4 1,080 1200 $3.00 $3,600 300 $3.60 $1,080.00 1,200
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Unformatted text preview: $3 3,600 1400 $2.88 $4,032 300 $3.60 $1,080.00 1200 $3.00 $3,600.00 1,400 $3 40,032 1800 $4.20 $7,560 400 $2.88 $1,152.00 1,800 $4 7,560 8,712 Balance Unite Unite Cost Total 1,400 $5 7,056 1000 $4.80 $4,800 1,400 $5 7,056 100 $4.80 $480.00 1,400 $5 7,056 2000 $3.60 $7,200.00 100 $4.80 $480.00 1,400 $5 7,056 200 $3.60 $720 100 $4.80 $480.00 1,400 $5 7,056 1200 $3.00 $3,600.00 200 $3.60 $480 100 $4.80 $480.00 1,400 $5 7,056 400 $3 $1,200 200 $3.60 $480 100 $4.80 $480.00 1,400 $5 7,056 100 $4.80 $480.00 1,400 $5 7,056 1400 $2.88 $4,032.00 100 $4.80 $480.00 1,400 $5 7,056 1800 $4.20 $7,560.00 1400 $2.88 $4,032.00 100 $4.80 $480.00 1,400 $5 7,056 700 $2.88 $2,016.00 100 $4.80 $480.00 1,400 $5 7,056 $9,552.00 Balance Unite Unite Cost Total 1,400 $5.04 $7,056.00 2,400 $4.94 $11,856.00 1,500 $4.94 $7,410.00 3,500 $4.17 $14,610.00 1,700 $4.18 $7,104.00 2,900 $3.69 $10,704.00 2,100 $3.69 $7,752.00 1,500 $3.69 $5,538.00 2,900 $3.30 $9,570.00 4,700 $3.64 $17,130.00 2,200 $3.65 $8,030.00...
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