rome File Edit View History Bookmarks Inbox (270) - abigailof x|M ACC101 Principles of A Profiles Tab Window Help (4726) IFRS vs. GAAP x M Question 11 - Chapter & x WiConnect - Home x M ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe... hapter 6 Homework i 11 Saved Part 3 of 4 23.18 points eBook Required information Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Activities Beginning inventory Purchase Sales Date March 1 March 5 Ask March 9 March 18 Purchase Print March 25 Purchase March 29 References Sales Totals Units Acquired at Cost 190 units @ $52.80 per unit 270 units @ $57.80 per unit 130 units @ $62.80 per unit 240 units @ $64.80 per unit 830 units Units Sold at Retail 350 units @ $87.80 per unit 220 units @ $97.80 per unit 570 units Mc Graw Hill Problem 6-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the March 18 purchase, and 130 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. 2 3 W C R < Prev 11 12 of 16 Next > 13 tv G Search or type URL % 5 6 7 8 9 Y U ' Help
rome File Edit View History Bookmarks Inbox (270) - abigailof x|M ACC101 Principles of A Profiles Tab Window Help (4726) IFRS vs. GAAP x M Question 11 - Chapter & x WiConnect - Home x M ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe... hapter 6 Homework i 11 Saved Part 3 of 4 23.18 points eBook Required information Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1 [The following information applies to the questions displayed below.] Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. Activities Beginning inventory Purchase Sales Date March 1 March 5 Ask March 9 March 18 Purchase Print March 25 Purchase March 29 References Sales Totals Units Acquired at Cost 190 units @ $52.80 per unit 270 units @ $57.80 per unit 130 units @ $62.80 per unit 240 units @ $64.80 per unit 830 units Units Sold at Retail 350 units @ $87.80 per unit 220 units @ $97.80 per unit 570 units Mc Graw Hill Problem 6-1A (Algo) Part 3 3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the March 18 purchase, and 130 units from the March 25 purchase. Complete this question by entering your answers in the tabs below. 2 3 W C R < Prev 11 12 of 16 Next > 13 tv G Search or type URL % 5 6 7 8 9 Y U ' Help
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![rome File Edit View History Bookmarks
Inbox (270) - abigailof x|M ACC101 Principles of A
Profiles
Tab Window
Help
(4726) IFRS vs. GAAP x M Question 11 - Chapter
&
x
WiConnect - Home
x M
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe...
hapter 6 Homework i
11
Saved
Part 3 of 4
23.18
points
eBook
Required information
Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1
[The following information applies to the questions displayed below.]
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
Activities
Beginning inventory
Purchase
Sales
Date
March 1
March 5
Ask
March 9
March 18
Purchase
Print
March 25
Purchase
March 29
References
Sales
Totals
Units Acquired at Cost
190 units @ $52.80 per unit
270 units @ $57.80 per unit
130 units @ $62.80 per unit
240 units @ $64.80 per unit
830 units
Units Sold at Retail
350 units @ $87.80 per unit
220 units @ $97.80 per unit
570 units
Mc
Graw
Hill
Problem 6-1A (Algo) Part 3
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For
specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the
March 18 purchase, and 130 units from the March 25 purchase.
Complete this question by entering your answers in the tabs below.
2
3
W
C
R
< Prev
11
12
of 16
Next >
13
tv
G Search or type URL
%
5
6
7
8
9
Y
U
'
Help](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F80b45471-670e-4c49-990f-b002a1df36f6%2F6f9858b3-74bb-42f3-915c-59c091f3ecb7%2Fbckjc7f_processed.jpeg&w=3840&q=75)
Transcribed Image Text:rome File Edit View History Bookmarks
Inbox (270) - abigailof x|M ACC101 Principles of A
Profiles
Tab Window
Help
(4726) IFRS vs. GAAP x M Question 11 - Chapter
&
x
WiConnect - Home
x M
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fbb.mwcc.edu%252Fwe...
hapter 6 Homework i
11
Saved
Part 3 of 4
23.18
points
eBook
Required information
Problem 6-1A (Algo) Perpetual: Alternative cost flows LO P1
[The following information applies to the questions displayed below.]
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions
for March.
Activities
Beginning inventory
Purchase
Sales
Date
March 1
March 5
Ask
March 9
March 18
Purchase
Print
March 25
Purchase
March 29
References
Sales
Totals
Units Acquired at Cost
190 units @ $52.80 per unit
270 units @ $57.80 per unit
130 units @ $62.80 per unit
240 units @ $64.80 per unit
830 units
Units Sold at Retail
350 units @ $87.80 per unit
220 units @ $97.80 per unit
570 units
Mc
Graw
Hill
Problem 6-1A (Algo) Part 3
3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For
specific identification, units sold include 110 units from beginning inventory, 240 units from the March 5 purchase, 90 units from the
March 18 purchase, and 130 units from the March 25 purchase.
Complete this question by entering your answers in the tabs below.
2
3
W
C
R
< Prev
11
12
of 16
Next >
13
tv
G Search or type URL
%
5
6
7
8
9
Y
U
'
Help
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