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Inventory Costing Examen - Jazmn Andcula Jazmn andcula COST...

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Jazmín Andícula f0e24653478dfd0cc57aaa47007f3e2a03d0a8c9.xlsx ID 0910010464 Jazmín andícula 1st Part COST OF GOOD AVAILABLE FOR SALE Date Explanation Unit 1-May Beginning Inventory 20 $5.00 $100.00 10-May Purchased 20 $8.00 $160.00 18-May Purchased 10 $9.00 $90.00 30-May Purchased 10 $10.00 $100.00 Total 60 $450.00 31-May Cost of good available for sale $450.00 Unit available 60 Unit Sold -30 31-May Total unit 30 LIFO ENDING INVENTORY Date Unit 1-May 20 $5.00 $100.00 10-May 10 $8.00 $80.00 Total 30 $180.00 Cost of good available for sale $450.00 Less: Ending Inventory $(180.00) Cost of good sold $270.00 Journal Entry 31-May Cost of good sold $270.00 Merchindase Inventory $270.00 *Ending Inventory under LIFO Unit Cost Total Cost Unit Cost Total Cost
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Jazmín Andícula 2nd Part COST OF GOOD AVAILABLE Date Explanation Unit Unit Cost Total Cost Unit Sold Unit Cost Price 1-Mar Beginning Inventory 100 $40.00 $4,000.00 3-Mar Purchase 60 $50.00 $3,000.00 4-Mar Sales 70 $80.00 $5,600.00 10-Mar Purchase 200 $55.00 $11,000.00 16-Mar Sales 80 $90.00 $7,200.00 19-Mar Purchase 40 $60.00 $2,400.00 25-Mar Sales 120 $90.00 $10,800.00 Total 400 $20,400.00 270 $23,600.00 COST OF GOOD AVAILABLE FOR SALE Date Explanation Unit Unit Cost Total Cost
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