Problem 6-18 (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6. 3) [The following information applies to the questions displayed below) Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Date June 1 June 7 June 12 June 15 June 24 June 27 June 291 Transactions Beginning inventory Sale Purchase Sale Ending inventory Cost of goods sold Purchase Sale Purchase Units 16 11 10 12 10. 0 9 Unit Cont $290 280 270 260 Problem 6-18 (Algo) Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Total Cost $4,640 2,800 2,700 2,340 $12,400

Problem 6-18 (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6. 3) [The following information applies to the questions displayed below) Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Date June 1 June 7 June 12 June 15 June 24 June 27 June 291 Transactions Beginning inventory Sale Purchase Sale Ending inventory Cost of goods sold Purchase Sale Purchase Units 16 11 10 12 10. 0 9 Unit Cont $290 280 270 260 Problem 6-18 (Algo) Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at June 30. Total Cost $4,640 2,800 2,700 2,340 $12,400

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Description: Please help me with periodic system Problem 6-18 (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6-3)[The following information applies to the questions displayed below)Eddy's Fishing Hole has the following tran

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 4PB: Calculate the cost of goods sold dollar value for B74 Company for the sale on November 20,...

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