HW Solutions Inv Depr OP Loss NCF

HW Solutions Inv Depr OP Loss NCF - Beg Inv 6/1/2007 #of...

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#of units Purchased cost Total Cost #of units sold price Sales Beg Inv 6/1/2007 800 $3.20 $2,560.00 2-Jun 600 $5.50 $3,300.00 3 2,200 $3.10 $6,820.00 6 1,600 $5.50 $8,800.00 7 1,200 $3.30 $3,960.00 9 1,000 $5.50 $5,500.00 15 1,800 $3.40 $6,120.00 10 400 $6.00 $2,400.00 22 500 $3.50 $1,750.00 18 1,400 $6.00 $8,400.00 25 200 $6.00 $1,200.00 Total 6500 $21,210.00 Total 5200 $29,600.00 End Inv 1300 Periodic #units cost FIFO--End Inv 1300 un 500 $3.50 $1,750.00 Sales $29,600.00 800 $3.40 $2,720.00 Cost of goods Availabl $21,210.00 $4,470.00 Less End Inventory ($4,470.00) Cost of Goods Sold ($16,740.00) Gross Profil $12,860.00 LIFO--End Inv 1300 un 800 $3.20 $2,560.00 Sales $29,600.00 500 $3.10 $1,550.00 Cost of goods Availabl $21,210.00 $4,110.00 Less End Inventory ($4,110.00) Cost of Goods Sold ($17,100.00) Gross Profil $12,500.00 Wt Av--Total Units 6500 Sales $29,600.00 Total Cost $21,210.00 Cost of goods Availabl $21,210.00 Cost Per Unit $3.26 Less End Inventory ($4,242.00) EI--1300 Units $4,242.00 Cost of Goods Sold $16,968.00 ($16,968.00) Gross Profil $12,632.00
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Sales $29,600.00 FIFO--End Inv 1300 un 500 $3.50 $1,750.00 Cost of goods Availabl $21,210.00 800 $3.40 $2,720.00 Less End Inventory ($4,470.00) $4,470.00 Cost of Goods Sold ($16,740.00) Gross Profil $12,860.00 LIFO--End Inv 1300 units Date Purchase(units) price Total old(units_ price Total Units Remaining Balance 1-Jun 800 $3.20 $2,560.00 $2,560.00 2-Jun -600 $3.20 -$1,920.00 $640.00 3-Jun 2,200 $3.10 $6,820.00 7,460 6-Jun -1600 $3.10 -$4,960.00 $2,500.00 Jun-07 1,200 $3.30 $3,960.00 $6,460.00 9-Jun -1000 $3.30 -$3,300.00 $3,160.00 10-Jun -200 $3.30 -$660.00 -200 $3.10 -$620.00 $1,880.00 15-Jun 1,800 $3.40 $6,120.00 $8,000.00 18-Jun -1,400 3.40 -$4,760.00 $3,240.00 800@3.2 200@3.2 200@3.2 2200@3.1 200@3.2 600@3.1 200@3.2
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This note was uploaded on 10/07/2010 for the course FIN 3162N taught by Professor Spencer during the Spring '10 term at Dowling.

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HW Solutions Inv Depr OP Loss NCF - Beg Inv 6/1/2007 #of...

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