Course Solutions Uncategorized (Answered) : Three Questions Please Show Steps Q 1 Sunland Company Reports Following Month June Date E Q35927108

(Answered) : Three Questions Please Show Steps Q 1 Sunland Company Reports Following Month June Date E Q35927108

THERE ARE THREE QUESTIONS IN HERE.

please show the steps

Q#1:

Sunland Company reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1 Inventory 150 $2 $300
12 Purchase 450 5 2,250
23 Purchase 400 6 2,400
30 Inventory 80

Assume a sale of 500 units occurred on June 15 for a sellingprice of $7 and a sale of 420 units on June 27 for $8.

Calculate the cost of the ending inventory and the cost of goodssold for each cost flow assumption, using a perpetual inventorysystem. (Round average-cost per unit to 3 decimalplaces, e.g. 12.520 and final answer to 0 decimal places, e.g.1,250.)
FIFO LIFO Moving-Average Cost The cost ending inventory The cost of goods sold 4498

_____________________________________________________________________________-

Q#2:

Lily

OR

PayPal Gateway not configured

OR

PayPal Gateway not configured

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Post