Unit_9_textbook_exercises - $1,380,000 Less cost of...

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PE 7–5A A B C D E F G Unit Unit Total Inventory Cost Market Lower Commodity Quantity Price Price Cost Market of C or M 1 TRP4 96 $29 18 $2,784 $1,728 $1,728 1 2 V555 200 13 14 2,600 2,800 2,600 2 3 Total $5,384 $4,528 $4,328 3 PE 7–7A $540,000 ($675,000 × 80%) PE 7–8A Merchandise available for sale ............................................................
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Unformatted text preview: $1,380,000 Less cost of merchandise sold [$1,500,000 × (100% – 35%)]. .......... 975,000 Estimated ending merchandise inventory. ......................................... $ 405,000...
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