Question 25-28.pdf - Workshop 2 Homework Page 1 of 5...

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Required:1.Compute cost of goods available for sale and the number of units available for sale.$Cost of Goods Available for Sale# of unitsCost perUnitCost of GoodsAvailable for SaleBeginning inventory10050.00Purchases:March 540055.00March 1812060.00March 2520062.00Total$5,00022,0007,20012,400820$46,600Expanded tableDifficulty: 3 HardProblem 5-1A Part 1Learning Objective: 05-P1Compute inventory in a perpetualsystem using the methods ofspecific identification, FIFO, LIFO,and weighted average.Check my workeBook & ResourcesReferencesPage 1 of 5Workshop 2 Homework9/24/2018
2.Compute the number of units in ending inventory.
WorksheetDifficulty: 3 HardProblem 5-1A Part 2Learning Objective: 05-P1Compute inventory in a perpetualsystem using the methods ofspecific identification, FIFO, LIFO,and weighted average.Check my work3.Compute the cost assigned to ending inventory using(a)FIFO,(b)LIFO,(c)weighted average, and(d)

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Term
Spring
Professor
Mrs. Brandt
Tags
Accounting, Harshad number, Goods Sold, FIFO and LIFO accounting, 1 000 00 0

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