184. Calculate the ending inventory using LIFO for a company that uses a perpetual inventory system, using the information given below. Units Unit Cost Beginning inventory 100...





184. Calculate the ending inventory using LIFO for a company that uses a perpetual inventory system, using the information given below.








































Units




Unit



Cost




Beginning inventory




100




$10




Aug. 5 purchased




40




12




Aug. 10 sold




60




-




Aug. 15 purchased




70




13




Aug. 25 sold




50







185. Using the information given below for a company that uses a perpetual inventory system, calculate the ending inventory using weighted average.













































Units




Unit



Cost




Beginning inventory




100




$10




Jan. 5 purchased




40




12




Jan. 10 sold




60




-




Jan. 15 purchased




70




13




Jan. 25 sold




50




-



















May 15, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here