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10 10 00 points femte compary began 2016 with 7...

Question: 10 10 00 points femte compary began 2016 with 7...

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10 10 00 points Femte Compary began 2016 with 7 ,000 uns of cpal prodect The cost of each unit in 56 Merchandise transactons for the month of January 2016 ane as follows Unt 6,000 57 $42,000 7,000 56,000 ร98,000 Jan. 18 13,000 Includes purchase price and cost of treight Jan. 12 Jan 20 ,000 1,000 4,000 Total 8,000 12,000 urb were on hand at the end ofthe mon Calculate Januarys ending inveatory and cost of goods sold for the month using each of the following Available for Sale Cost of IFO cost per. Goods #ofunitsl cost per : Cost of Cost per Ending unit Available for sold unit Goods Sold in ending Inventory .000 S 6.00S 42,000 600 6.00 January 106000 5 700 42000 5 70 5 7.00 $ 8.D0 ooc s 8.c0 56,000 S 140,000 Cost of Goods Available for Sale January 18 20.000 Cost of Goods Sold- Periodic LIFO Ending Inventory-Periodic LifO Cost of #ot units #ofunits Cost ger Goods. unit Available for sold | Fof units | Cost per cost of Cost per Ending unit Goods Sold inventory - Inventory Beginning Inventory 5 0.00 5 January 10 January 13 S 00o 5 0.00 S 0.00 0.00 Cost of Goods A or Sale Cost of Cost of Goods Sold-Average Cost Ending Inventory-Average Cost #01 units!Cost per Good, | #ofunits | Average unit Available for sold # of units | Average : Ending in ending Average Cost of Goods Sold Cost per Cost per Beginring Inventory 7,000 5 42,000 January 10 January 18 6,000 7,000 20,000 42,000 56,000 140,000 Total

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Cost of Goods |#of units | Cost per | Cost of in ending sold unit Goods Sold unit S 6.00 S 6.00 S 42,000 56,000 S 140,000 s 7.00 January 10 January 18 s 7.00 S 8.00 S 8.00 Cost of LIFO Cost of #Of units | Cost per | Ending in ending # of units | Cost per | Cost of $ 0.00 S 0.00 unit S 0.00 S $ 0.00 S 0.00 s 0.00 Cost of s of units Cost per Goods Sold inventory in ending Cost pr Inventory per sold Cost per Cost of #of units Unit S 42,000 January 10 January 18

January 10 Cost per Cost of |#ofunts Coat per : Cost of of units | Cost per | Cost of #ofunits | Cost perEnding unit Goods Sold sold unit Goods Sold ending sold S 0.00 S 5 000 0.00S January 10 0.00 0.00

Cost of Goods Available for Sale Cost of Goods Sold -January 5 Cost cost of | # of | per Goods Cost per | Cost of |# of un unit Goods Soldsold Perpetual LIF #of | Unit units Cost Available for units Sale $0.00 0 Beg. Inventory Purchases: 0.00 0 January 10 January 18 0.00 0 Total (Round average cost per unit to 4 decimal places. Enter sales with a negative sign.) Cost of Goods Sold Perpetual Average Cost per l Inventory | # of units ! AvgCost | Cost of per unitGoods So # of units unit Value Beginning Inventory Sale - January 5 Subtotal Average Cost Purchase - January 10 Subtotal Average Cost Sale - January 12 Sublotal Average Cost Purchase- January 18 Sublotal Average Cost Sale - January 20 Total

S 140 20 Cost of # of units | Goods Sold I in ending | | S 0.00 S 0.00 Cost per |#ot units | Cost per Cost of unit Goods Sold sold | |#0f units | Cost per Cost per Ending Cost of Unit Cost Available for units Cost of unit Goods Sold sold unit unit sold S 0.00 S 0.00 0.00 S 0.00 0.00 0.00 0.00 0.00 0.00 of #ofunits Avg.cost | Cost of sold

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