HW4 - Inventory of Product BAP Under Wieghted-average...

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(a) Esplanade Company Inventory of Product BAP Under FIFO Method March 31, 2010 Units Unit Cost  Total Cost Mar. 26, 2010 600 $12 $7,200 Feb. 26, 2010 800 11 8,800 Jan. 25, 2010 100 10 1,000 Mar. 31, 2010 1,500 $17,000 (b) Esplanade Company Inventory of Product BAP Under LIFO Method March 31, 2010 Units Unit Cost  Total Cost Beg. inventory  600 $8 $4,800 Jan. 5, 2010 900 9 8,100 Mar. 31, 2010 1,500 $12,900 (c ) Esplanade Company
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Unformatted text preview: Inventory of Product BAP Under Wieghted-average Method March 31, 2010 Units Unit Cost Total Cost Beg. Inventory 600 $8 $4,800 Jan. 5,2010 1,100 9 9,900 Jan. 25, 2010 1,300 10 13,000 Feb. 16, 2010 800 11 8,800 Mar. 26, 2010 600 12 7200 4,400 $43,700 Weighted-average cost = $43700 / 4400 = $ 9.93 Inventory of Mar. 31, 2010 = 1500 * $9.93 = $14,895...
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This note was uploaded on 09/27/2011 for the course MGT 131 taught by Professor ? during the Spring '11 term at San Diego.

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