question archive The following formation to the questions de Ferris Company way with 4000 units of product
The following formation to the questions de Ferris Company way with 4000 units of product
Subject:BusinessPrice: Bought3
The following formation to the questions de Ferris Company way with 4000 units of product. The cost of each us Merchandise bansactions for the month ofry are as follow 1 16 1 . 124, 0.00 includes poche rice and cost of 10 ???? tan po 13 2 1. 6.000 5.000 units were on hand at the end of the month 2. Calculus ording inventory and cost of sold to the north LF porodice FLO bo 2000 3.000 7001 1 700 100 Bag P 3000 8.000 19.00 40 000 1.000 1 1 800 0.00 1 1 9.00 Check my work Required information The following information applies to the questions displayed below) Ferris Company began January with 4,000 units of its principal product. The cost of each unit is $7 Merchandise transactions for the month of January are as follows: Pas UNICO Date otuchas Jan 10 Jan 18 Totale OR 3.000 7,000 9 Total CORT 124.000 36,100 60.000 Includes purchase price and cost of freight DALS JAS dan 12 Jan. 20 Total URILE 2.000 1.000 3.000 6.990 5.000 units were on hand at the end of the month 2. Calculate January's ending invertory and cost of goods sold for the month using LIFO, periodic system ts Soved 5,000 units were on hand at the end of the month 2. Calculate January's ending inventory and cost of goods sold for the month using LIFO. periodic system BOOK Cost of Goods Sold Periodi LIFO Print LIFO Cost of Goods Available for Sale Cost of Goods unit Available for Sale 4.000 $ 7.00 $ 28.000 of units Cost per of units sold Cost per Ending eventory - Periode LIFO of units Cost per In ending Ending unit Inventory Invention $ 7.00 $ Cost of Goods Sold unit References 5 7.00 $ 0 Beginning inventory Purchases January 10 January 18 Tot 0 3,000 $8.00 4.000 $ 0.00 11,000 24.000 36.000 88.000 $ 5 8.00 9.00 0 0 0 $ 5 8.00 0.00 a $ 0 $ 0 5 MC Graw Prey 4 5 6 7 off! Next >
