FULL SCREENPRINTER VERSIONNEXTOURCESDo It! Exercise 6-02 a-cvork5-02 a-d5-04 a-elThe accounting records of Americo Electronics show the following data.Beginning inventory 3,000 units at $5Purchases8,000 units at $7-C (Partn.L.a2, bmission)Sales9,400 units at $10X Your answer is incorrect. Try again.y StudyDetermine cost of goods sold during the period under a periodic inventory system using the FIFO method.(Round answer to 0 decimal places, e.g. 1,250.)FIFOwwwwwwwwwwwwww..Cost of goods sold during the periodLINK TO TEXTX Your answer is incorrect. Try again.eement | Privacy Policy | © 2000-2021 John Wiley & Sons. Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.24.21.1 CALCULATORFULL SCREENPRINTER VERSION1 BACKNEXTSOURCESX Your answer is incorrect. Try again.ework= 6-02 a-ce 6-04 a-velDetermine cost of goods sold during the period under a periodic inventory system using the LIFO method.(Round answer to 0 decimal places, e.g. 1,250.)а-с (Partion)al,a2, bbmission)LIFOCostgoods sold during the periodby StudyLINK TO TEXTX Your answer is incorrect. Try again.Determine cost of goods sold during the period under a periodic inventory system using the average-costmethod. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to 0 decimalplaces, e.g. 1,250.)Average-costCost of goods sold during the periodreement | Privacy Policy | © 2000-2021 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.24.21.1

Solution 1- Calculation Cost of good sold under…

Answered: Do It! Exercise 6-02 a-c The accounting…

Do It! Exercise 6-02 a-c The accounting records of Americo Electronics show the following data. Beginning inventory 3,000 units at $5 Purchases 8,000 units at $7 Sales 9,400 units at $10

Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter18: Cost-volume-profit Analysis (cvp)

Section: Chapter Questions

Problem 2R: Open the file CVP from the website for this book at cengagebrain.com. Enter the formulas where...

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Question

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FULL SCREEN
PRINTER VERSION
NEXT
OURCES
Do It! Exercise 6-02 a-c
vork
5-02 a-d
5-04 a-
el
The accounting records of Americo Electronics show the following data.
Beginning inventory 3,000 units at $5
Purchases
8,000 units at $7
-C (Part
n.
L.a2, b
mission)
Sales
9,400 units at $10
X Your answer is incorrect. Try again.
y Study
Determine cost of goods sold during the period under a periodic inventory system using the FIFO method.
(Round answer to 0 decimal places, e.g. 1,250.)
FIFO
wwwwwwwwwwwwww..
Cost of goods sold during the period
LINK TO TEXT
X Your answer is incorrect. Try again.
eement | Privacy Policy | © 2000-2021 John Wiley & Sons. Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.24.21.1

CALCULATOR
FULL SCREEN
PRINTER VERSION
1 BACK
NEXT
SOURCES
X Your answer is incorrect. Try again.
ework
= 6-02 a-c
e 6-04 a-
vel
Determine cost of goods sold during the period under a periodic inventory system using the LIFO method.
(Round answer to 0 decimal places, e.g. 1,250.)
а-с (Part
ion)
al,a2, b
bmission)
LIFO
Cost
goods sold during the period
by Study
LINK TO TEXT
X Your answer is incorrect. Try again.
Determine cost of goods sold during the period under a periodic inventory system using the average-cost
method. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to 0 decimal
places, e.g. 1,250.)
Average-cost
Cost of goods sold during the period
reement | Privacy Policy | © 2000-2021 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.24.21.1

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File Edit View History Bookmarks Window Help A education.wiley.com ran Hassan D (74) XAYAAD XIKMO O0. w NWP Assessment Playe. N Solved > 5 -1 Accounti. C Home | Chegg.com A D09: Data Min Question 6 of 10 -/3 View Policies Current Attempt in Progress The Vogelson Company accumulates the following cost and net realizable value data at December 31. Inventory Categories Cost Data Net Realizable Value Camera $11,000 $9.900 Camcorders 7,800 8,500 DVDS 14,000 12,000 What is the lower-of-cost-or-net realizable value of the inventory? Lower-of-cost-or-net realizable value of the inventory 24 Save for Later Attempts: 0 of 1 used Submit Answer 7,288 MAR ¢tv S 80 00 D00 DII DD F2 F3 F4 F5 F6 F7 FB F9 F10 @ # $ & % * 2 3 4 6 7 8 9 日

Preview File Edit View Go Tools Window Help V mgt120h-j17.pdf Page 5 of 10 przy:wwwv=j-zlatykyvvw.vivvvitiete a. 6 b. 7 c. 14 d. 16 C Ơ ● ₁ CC V 7. If average inventory was $80,000, sales were $560,000, and cost of goods sold were $480,000 what would be the inventory turnover? Search ((. Ơ Sat Apr 15 2:53 PM
CALCULATOR FULL SCREEN PRINTER VERSION ( BACK URCES rk Do It! Exercise 6-02 a-c D2 a-c 04 a- The accounting records of Americo Electronics show the following data. Beginning inventory 3,000 units at $5 Purchases 8,000 units at $7 (Part Sales 9,400 units at $10 a2, b ssion) M Your answer is correct. Study Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period 59,800 SHOW SOLUTION LINK TOΤΕXΤ
Journalize this transaction: Purchased from Kraft Co. $4,000 of inventory on account. Edit View Insert Format Tools Table 12pt v Paragraph |BIUAV O words MacBook Pro On-line F En ACCT 101 One Test O 10611 As Aes ferret Oul tntiers
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Saved to my Mac Design Layout References Mailings Review View Q Tell me | 11 A^ A Aa v AaBbCcDdE ab X2 x A v Av 三三三=| 三。 Normal 3. Given the following financial data below prepare the appropriate closing journal entries Owner's Capital Ending Inventory $ 50,000 18,000 Owner's Withdrawals 23,000 Sales Revenue 500,000 Purchases 110,000 20,000 కంకిలో Sales Returns and Allowances Freight Hn 5,400 Sales Discounts 7,500 Purchase returns and Allowances Beginning inventory Freight-Out Advertising Expense Interest Expense 4,000 17,000 2,300 15,000 19,200 53,000 Salaries and Wages Expense Utilities Expense 18,000 9,000 Depreciation Expense Interest Revenue 18,000 Required: Prepare the closing entries
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ignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator3&inprogress%=false ParaphraX BLOG 31 X + Pierce Company sold mnerchandise to Stanton Company on account FOB shipping point, 2/10, net 30, for $10,800. Pierce prepaid the $215 shipping charge. Which of the following entries does Pierce make to record this sale? a. Accounts Receivable-Stanton, debit $10,584; Sales, credit $10,584, and Accounts Receivable-Stanton, debit $215; Cash, credit $215 Ob. Accounts Receivable-Stanton, debit $10,800; Sales, credit $10,800, and Delivery Expense, debit $215; Cash, credit $215 Oc. Accounts Receivable-Stanton, debit $10,800; Sales, credit $10,800 Od. Accounts Receivable-Stanton, debit $11,015; Sales, credit $11,015 Nex Previous Submit Test for C Email Instructor All work saved. 64"F へ回目急后 99+