JaCo has the following inventory at year end: Rubber Pool toys 20 $56 $62 Sports novelities 80 32 29 Zoo animals 110 17 15 Cardboard Board games Jigsaw puzzles 30 $34 $24 50 21 23 What is JaCo's ending inventory applying LCM by item?
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- Hi Please help with questions attached, thanks so much.i need the answer quicklyYou have the following information for Ivanhoe Inc. for the month ended October 31, 2025. Ivanhoe uses a periodic system for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 (a1) (a2) Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Ending inventory $ Cost of goods sold Gross profit Units Unit Cost or Selling Price $26 +A 55 - Your answer is partially correct. $ 140 tA 100 1.LIFO. 2. FIFO. 3. Average-cost. (Round answers to O decimal places, e.g. 125.) 100 55 65 110 Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. LIFO 2424 7841 4034 $ $ 28 $ 45 29 50 31 50 FIFO 2885 7380 5370 i +A tA $ LA AVERAGE-COST 2580 7685 4190
- Question 6?The following information pertains to Julia & Company: March 1 Beginning inventory = 29 units @ $5.90 March 3 Purchased 19 units @ 4.20 March 9 Sold 30 units @ 8.60 What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your int your answer to the nearest dollar amount.) Multiple Choice $177. $126. < Prev 22 of 60 Next 20 F3 000 D00 F4 F5 F6 F8 F2 $ & * 4 5 6 8 9 公Please help me. Thankyou.
- Can some Explain!Glasgow Enterprises started the period with 60 units in beginning inventory that cost $1.70 each. During the period, the company purchased inventory items as follows: Purchase 1 2 3 Number of Items. 380 110. 50 Glasgow sold 255 units after purchase 3 for $7.20 each. What is Glasgow's ending inventory under LIFO? Multiple Choice $932 $729 Cost $2.20 $2.30 $2.70 $794You have the following information for Ivanhoe Inc. for the month ended October 31, 2025. Ivanhoe uses a periodic system for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct. 22 Oct. 25 Oct. 29 (a1) (a2) Description Beginning inventory 55 Purchase Sale Purchase Sale Purchase Sale Ending inventory Cost of goods sold Gross profit Units Unit Cost or Selling Price $26 $ tA 140 tA 100 1.LIFO. 2. FIFO. 3. Average-cost. (Round answers to O decimal places, e.g. 125.) 100 55 65 110 Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. LIFO tA $ 28 LA 45 29 50 31 50 FIFO tA tA tA AVERAGE-COST
- not use ai pleaseHaradevYou are provided with the following information for Lily Inc. for the month ended June 30, 2020. Lily uses the periodic method for inventory. Date Description Quantity Unit Cost or Selling Price June 1 Beginning inventory 39 $40 June 4 Purchase 135 44 June 10 Sale 112 71 June 11 Sale return 18 71 June 18 Purchase 56 45 June 18 Purchase return 12 45 June 25 Sale 66 76 June 28 Purchase 25 48 (a1) Your Answer Correct Answer Correct answer icon Your answer is correct. Calculate cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Weighted-average cost per unit $Enter the weighted-average cost per unit in dollars eTextbook and Media Solution Attempts: 3 of 3 used (a2) Incorrect answer icon Your answer is incorrect. Calculate ending inventory, cost of goods sold, gross profit…