Please do not give solution in image format thanku Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top sellinghockey stick. The hockey stick sells for $130.DescriptionMar. 1 Beginning InventoryMar 3 PurchaseMar 6 PurchaseMar. 17 SaleMar. 23 PurchaseMar. 31 SaleUnits321. FIFO2. Moving weighted average771277284174Unit Cost$ 57Required:Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (Donot round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)Cost of GoodsSold$.62$67$ 67EndingInventorywwwMoxt

Inventory means the detailed list or stock of items, goods, or materials held by a business or…

Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top sellings hockey stick. The hockey stick sells for $130. Description Mar. 1 Beginning Inventory Mar, 3 Purchase Mar. 6 Purchase Mar. 17 Sale Mar 23 Purchase Mar. 31 Sale Units 32 77 127 72 84 174 Unit Cost $57 $ 62 $ 67 $ 67 Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (C mot round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)

Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top sellings hockey stick. The hockey stick sells for $130. Description Mar. 1 Beginning Inventory Mar, 3 Purchase Mar. 6 Purchase Mar. 17 Sale Mar 23 Purchase Mar. 31 Sale Units 32 77 127 72 84 174 Unit Cost $57 $ 62 $ 67 $ 67 Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (C mot round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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