cost_flow_assumptions_perpetual

Cost_flow_assumption - 15 12 = $180 $260 15 12 = $180 2 10 = $20 $200 6 10 = $60 $60 $330 $60 $390 Weighted average perpetual method Assumptions

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Fifo/lifo - perpetual method Assumptions: Units Per Unit Total Purchases: 1/10/2001 10 $10 $100 1/16/2001 10 $11 $110 1/25/2001 15 $12 $180 35 $390 Sales: 1/18/2001 12 1/27/2001 17 29 Ending inventory 6 Fifo Method Date Purchases COGS Ending inventory 1/10/2001 10 @10 = $100 10 @10 = $100 $100 1/16/2001 10 @11 = $110 10 @10 = $100 10 @11 = $110 $210 1/18/2001 10 @10 = $100 2 @11 =$22 $122 8 @11 = $88 $88 1/25/2001 15 @ 12 = $180 8 @11 = $88 15 @ 12 = $180 $268 1/27/2001 8@11 = $88 9 @ 12 = $108 $196 6 @ 12 = $72 $72 $318 $72 $390 Lifo Method Date Purchases COGS Ending inventory 1/10/2001 10 @10 = $100 10 @10 = $100 $100 1/16/2001 10 @11 = $110 10 @10 = $100 10 @11 = $110 $210 1/18/2001 10 @ 11= $110 2 @ 10 = $20 $130 8 @ 10 = $ 80 $80 1/25/2001 15 @ 12 = $180 8 @ 10 = $ 80
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Unformatted text preview: 15 @ 12 = $180 $260 1/27/2001 15 @ 12 = $180 2 @ 10 = $20 $200 6 @ 10 = $60 $60 $330 $60 $390 Weighted average - perpetual method Assumptions: Units Per Unit Total Purchases: 1/10/2001 10 $10 $100 1/16/2001 10 $11 $110 1/25/2001 15 $12 $180 35 $390 Sales: 1/18/2001 12 1/27/2001 17 29 Ending inventory 6 Weighted Average Method Date Purchases COGS Ending inventory 1/10/01 10 @10 = $100 10 @10 = $100 $100 1/16/01 10 @ 11= $110 10 @10 = $100 10 @11 = $110 $210/20 20 @ 10.50 1/18/01 12 @ 10.50 $126 8 @ 10.50 $84 1/25/01 15 @ $12 = $180 8 @ 10.50 = $84 15 @ 12 = $180 $264/23 23 @ 11.48 1/27/01 17 @ 11.48 $195 6 @ 11.48 $68.88 $321 $69 $390...
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This note was uploaded on 02/15/2012 for the course GERM 200 taught by Professor Kuhmar during the Spring '10 term at SUNY Albany.

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Cost_flow_assumption - 15 12 = $180 $260 15 12 = $180 2 10 = $20 $200 6 10 = $60 $60 $330 $60 $390 Weighted average perpetual method Assumptions

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