11110cpa review sheet

11110cpa review sheet - LeahCelani IntermediateAccounting1...

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Leah Celani Intermediate Accounting 1 11/1/2010 1. a.) LIFO b.) FIFO Date Units End Inv Date Units End Inv 1-Aug 650 @  $8.40   $5,460.00  1-Aug 0 @  $8.40   $-    3-Aug 130 @  $8.20   $1,066.00  3-Aug 0 @  $8.20   $-    7-Aug 0 @  $8.00   $-    7-Aug 0 @  $8.00   $-    11-Aug 0 @  $8.50   $-    11-Aug 0 @  $8.50   $-    16-Aug 0 @  $8.70   $-    16-Aug 80 @  $8.70   $696.00  23-Aug 50 @  $8.60   $430.00  23-Aug 750 @  $8.60   $6,450.00  Total Ending Inventory  $6,956.00  Total Ending Inventory  $7,146.00  2. a) LIFO b) FIFO Date Units End Inv Date Units End Inv 1-Aug 650 @  $8.40   $5,460.00  1-Aug 0 @  $8.40   $-    3-Aug 180 @  $8.20   $1,476.00  3-Aug 0 @  $8.20   $-    7-Aug 0 @  $8.00   $-    7-Aug 0 @  $8.00   $-    11-Aug 0 @  $8.50   $-    11-Aug 0 @  $8.50   $-    16-Aug 0 @  $8.70   $-    16-Aug 80 @  $8.70   $696.00  23-Aug 0 @  $8.60   $-   
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This note was uploaded on 11/29/2010 for the course ACC 331 taught by Professor Dr.lee during the Fall '10 term at Jefferson College.

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11110cpa review sheet - LeahCelani IntermediateAccounting1...

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