(Rosens Department StoreTu's inStockInventory RecordsDateJanuary 1July 8August 3G+October 15November 18Total Available for Sale.A1,231,000B 1, 481, 100C1, t41, 60011, 770,00dthe end of theShow the followingBegining InventoryPurchasePurchasePurchasePurchasehad 460 big ScreenUsing the FIFO methodthe dollar ValueCalculateQuantitly35050150450501,050← Answer keyyear.informationCast / Total2,610 913,5002,400 120,0002,880 432,0003,210 1,444,5003,300 165,00813,075,000of inventory pricingof ending inventory?

FIFO means First In First Out i.e., materials purchased first is first sold out. Working Note #1…

Rosens Department Store Tu's in Stock Stock at Inventory Records Date January 1 July 8 August 3 October 15 November 18 Total Available for Sale had 460 big screen the end of the of the year. Show the following information A 1, 231,000 B 1, 481, 100 C1, t4), 600 71,770,000 Bejining Invening Purchase Purchase Purchase Purchase Using the FIFO method the dollar Value Calculate Quantitly Cost 350 50 150 450 50 1,050 Total 2,610 913,500 2,400 120,000 2,880 432,000 ← Answer key 3,2101,444,500 3,300 165,008 3,075,000 of inventory pricing of ending inventory?

Rosens Department Store Tu's in Stock Stock at Inventory Records Date January 1 July 8 August 3 October 15 November 18 Total Available for Sale had 460 big screen the end of the of the year. Show the following information A 1, 231,000 B 1, 481, 100 C1, t4), 600 71,770,000 Bejining Invening Purchase Purchase Purchase Purchase Using the FIFO method the dollar Value Calculate Quantitly Cost 350 50 150 450 50 1,050 Total 2,610 913,500 2,400 120,000 2,880 432,000 ← Answer key 3,2101,444,500 3,300 165,008 3,075,000 of inventory pricing of ending inventory?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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