i. FIFO H. Weighted-average (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 0 decimal places, e.g. 61,052.) i. FIFO ii. Weighted-average $ $ Cost of Goods Sold $ $ Gross Margin $ $ Ending Inventory I
i. FIFO H. Weighted-average (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 0 decimal places, e.g. 61,052.) i. FIFO ii. Weighted-average $ $ Cost of Goods Sold $ $ Gross Margin $ $ Ending Inventory I
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter6: Inventories
Section: Chapter Questions
Problem 6.2BE: Perpetual inventory using FIFO Beginning inventory, purchases, and sales for Item Zeta9 are as...
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Question
Please do not give solution in image format thanku
![i. FIFO
H. Weighted-average (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to O decimal
places, e.g. 61,052.)
i. FIFO
ii.
LA
Weighted-average $
Cost of Goods Sold
LA
$
LA
$
Gross Margin
$
$
Ending Inventory
I](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa880cc3d-71b2-44bc-9eb8-ccb18aa2c0ed%2F43dcc0fc-2a79-4006-b1f5-4feca110ee92%2F4na815h_processed.jpeg&w=3840&q=75)
Transcribed Image Text:i. FIFO
H. Weighted-average (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to O decimal
places, e.g. 61,052.)
i. FIFO
ii.
LA
Weighted-average $
Cost of Goods Sold
LA
$
LA
$
Gross Margin
$
$
Ending Inventory
I
![March 1
7 Purchase
8
15
20
25
Beginning inventory
27
Purchase
Sale
Sale
Purchase
Sale
3,780 units
1,260 units
1,890 units
4,410 units
882 units
630 units
1,512 units
Cost
$111,510
50,400
94,500
18,774
Sales
$396,900
66,150
90,720](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa880cc3d-71b2-44bc-9eb8-ccb18aa2c0ed%2F43dcc0fc-2a79-4006-b1f5-4feca110ee92%2Fkvwwi1u4_processed.jpeg&w=3840&q=75)
Transcribed Image Text:March 1
7 Purchase
8
15
20
25
Beginning inventory
27
Purchase
Sale
Sale
Purchase
Sale
3,780 units
1,260 units
1,890 units
4,410 units
882 units
630 units
1,512 units
Cost
$111,510
50,400
94,500
18,774
Sales
$396,900
66,150
90,720
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