Cost per unit ending inventory beg inventory 185 1340

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Cost per unitEnding InventoryBeg. Inventory18513.402,47917513.402,3451013.4013400
4.award:0.70 out of0.70 pointsRequired:Determine the costs assigned to ending inventory and to cost of goods sold using FIFO.Explanation:No further explanation details are available for this problem.Determine the costs assigned to ending inventory and to cost of goods sold using LIFO.Perpetual LIFO:Cost of Goods Available for SaleBeg. Inventory134Purchases:March 1428.4019,454Total27,930Cost of Goods Sold11,516Ending InventoryYou received credit for this question in a previous attempt$$$$$$$$$$$$$$$$$$$$Purchases:March 1433518.406,164021518.403,95612018.402,2080July 3048523.4011,349009523.402,22339023.409,126October 2668528.4019,45400068528.4019,454Total1,69039,4461752,3452254,0902154,4311,07528,580Cost of Goods Sold10,866Ending Inventory28,580Expanded tableLearning Objective: 05-P1 Compute inventory in a perpetual system using themethods of specific identification, FIFO, LIFO, and weighted average.$$$$$$$$$$$$$$$$$$$$$$$$$$Perpetual FIFO:Cost of Goods Available for SaleCost of Goods Sold - January 10 Cost of Goods Sold - March 15Cost of Goods Sold - October 5Inventory Balance# of unitsCost per unitCost of Goods Available for Sale# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units in ending inventoryCost per unitEnding InventoryBeg. Inventory18513.402,47917513.402,3451013.40134Purchases:March 1433518.406,16421518.403,95612018.402,208July 3048523.4011,3499523.402,22339023.409,126October 2668528.4019,45468528.4019,454Total1,69039,4461752,3452254,0902154,4311,07528,580Cost of Goods Sold10,866Ending Inventory28,580$$$$$$$$$$$$$$$$$$$$$$Cost of Goods Sold - January 10 Cost of Goods Sold - March 15Cost of Goods Sold - October 5Inventory Balance# of unitsCost per unitCost of Goods Available for Sale# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units in ending inventoryCost per unitEnding Inventory18513.402,47917513.402,345001013.4033518.406,164022518.404,140011018.402,024July 3048523.4011,3490021523.405,03127023.406,318October 2668528.4019,4540006851,69039,4461752,3452254,1402155,0311,07527,930
5.award:0.70 out of0.70 points15,825You received credit for this question in a previous attemptExpanded tableLearning Objective: 05-P1 Compute inventory in a perpetual system using themethods of specific identification, FIFO, LIFO, and weighted average.Determine the costs assigned to ending inventory and to cost of goods sold using LIFO.$$$$$$$$$$$$$$$$$$$$$$Perpetual LIFO:Cost of Goods Available for SaleCost of Goods Sold - January 10 Cost of Goods Sold - March 15Cost of Goods Sold - October 5Inventory Balance# of unitsCost per unitCost of Goods Available for Sale# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units soldCost per unitCost of Goods Sold# of units in ending inventoryCost per unitEnding InventoryBeg. Inventory18513.402,47917513.402,3451013.40134Purchases:March 1433518.406,16422518.404,14011018.402,024July 3048523.4011,34921523.405,03127023.406,318October 2668528.4019,45468528.4019,454Total1,69039,4461752,3452254,1402155,0311,07527,930Cost of Goods Sold11,516Ending Inventory27,930Explanation:No further explanation details are available for this problem.Compute the gross margin for FIFO method.$$

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