d2jsp
Log InRegister
d2jsp Forums > Off-Topic > General Chat > Homework Help > Homework Help
Add Reply New Topic New Poll
Member
Posts: 2
Joined: Oct 29 2015
Gold: 0.00
Oct 30 2015 06:21am
You have the following information for Vincent inc. for the month ending October 31, 2014 use a periodic method for inventory

Oct1 beginning inventory 71 units at 28$
Oct9 purchase 141 units at 31$
Oct11 sale 118 units at 41$
Oct 17 purchase 118 units at 32$
Oct 22 sale 71 units at 47$
Oct 25 purchase 82 units at 34$
Oct29 sale 129 units at 47$

Weighted average cost per unit.

LIFO
ending inventory
Cost of goods sold
Gross profit

FIFO
ending inventory
Cost of goods sold
Gross profit

AVERAGE COST
ending inventory
The cost of goods sold
Gross profit

Please round all numbers to the nearest decimal.
Go Back To Homework Help Topic List
Add Reply New Topic New Poll