9. Beginning inventory, purchases, and sales data for portable MP3 players are as follows: Units Amount 2,200 units 2,300 units 3,000 units P44,000 50,600 90,000 15,000 95,000 19,000 Dec. 1 Beginning...

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Question:
Using
Periodic system and FIFO method, and
Perpetual system and FIFO Method
what is the amount of inventory as of December 31, respectively.?

Choices For Periodic system/FIFO Method:

a. P59,000

b. P57,000

c. P61,600

d. P60,210

Choices for Perpetual System/FIFO Method:

a. P59,000
b. P57,000
c. P61,600
d. P60,210

9. Beginning inventory, purchases, and sales data for portable MP3 players are as follows:<br>Units<br>Amount<br>2,200 units<br>2,300 units<br>3,000 units<br>P44,000<br>50,600<br>90,000<br>15,000<br>95,000<br>19,000<br>Dec. 1 Beginning inventory<br>@ P20<br>Purchases<br>@ P22<br>9.<br>Sales<br>@ P30<br>19<br>Sales return<br>500 units<br>@ Р30<br>22<br>Purchase<br>5,000 units<br>@ P19<br>1,000 units<br>3,500 units<br>23<br>Purchase return<br>@ P19<br>28 Sales<br>@ Р35<br>122,500<br>29<br>Sales return<br>500 units<br>@ P35<br>17,500<br>

Extracted text: 9. Beginning inventory, purchases, and sales data for portable MP3 players are as follows: Units Amount 2,200 units 2,300 units 3,000 units P44,000 50,600 90,000 15,000 95,000 19,000 Dec. 1 Beginning inventory @ P20 Purchases @ P22 9. Sales @ P30 19 Sales return 500 units @ Р30 22 Purchase 5,000 units @ P19 1,000 units 3,500 units 23 Purchase return @ P19 28 Sales @ Р35 122,500 29 Sales return 500 units @ P35 17,500

Jun 10, 2022

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9. Beginning inventory, purchases, and sales data for portable MP3 players are as follows: Units Amount 2,200 units 2,300 units 3,000 units P44,000 50,600 90,000 15,000 95,000 19,000 Dec. 1 Beginning...

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