Pro Yake Problem 11-16 (IAA) many cost Massive Company provided the following information for The e order current year: Units Unit cost Total cost 1,500 1,750 2,000 300,000 525,000 1,000,000 By ex...


Pro<br>Yake<br>Problem 11-16 (IAA)<br>many<br>cost<br>Massive Company provided the following information for<br>The e<br>order<br>current year:<br>Units<br>Unit cost Total cost<br>1,500<br>1,750<br>2,000<br>300,000<br>525,000<br>1,000,000<br>By ex<br>gather<br>200<br>January 1 Inventory on hand<br>April<br>October 1 Purchase<br>300<br>3 Purchase<br>500<br>The entity sold 400 units on June 25 and 400 on December<br>10. What is the weighted average cost of the inventory<br>at year-end?<br>Ending<br>Total co<br>Cost of<br>Cost of<br>Gross p<br>a. 350,000<br>b. 400,000<br>c. 730,000<br>d. 365,000<br>July<br>1<br>Problem 11-17 (IAA)<br>10<br>Total pur<br>Jailbird Company provided the following data about<br>inventory for the month of January:<br>1. What<br>a.<br>10<br>b.<br>14<br>C.<br>Units<br>Total cost<br>Unit cost<br>2,240,000<br>600,000<br>Jan. 1 Beginning<br>5 Purchase<br>10 Sale<br>15 Purchase<br>16 Purchase return<br>25 Sale<br>26 Sale return<br>31 Purchaon<br>16,000<br>4,000<br>15,000<br>20,000<br>1,000<br>8,000<br>4,000<br>140<br>150<br>3,200,000<br>160,000<br>d.<br>2. How m<br>160<br>160<br>a. 242<br>b. 140<br>C.<br>500,000<br>30<br>

Extracted text: Pro Yake Problem 11-16 (IAA) many cost Massive Company provided the following information for The e order current year: Units Unit cost Total cost 1,500 1,750 2,000 300,000 525,000 1,000,000 By ex gather 200 January 1 Inventory on hand April October 1 Purchase 300 3 Purchase 500 The entity sold 400 units on June 25 and 400 on December 10. What is the weighted average cost of the inventory at year-end? Ending Total co Cost of Cost of Gross p a. 350,000 b. 400,000 c. 730,000 d. 365,000 July 1 Problem 11-17 (IAA) 10 Total pur Jailbird Company provided the following data about inventory for the month of January: 1. What a. 10 b. 14 C. Units Total cost Unit cost 2,240,000 600,000 Jan. 1 Beginning 5 Purchase 10 Sale 15 Purchase 16 Purchase return 25 Sale 26 Sale return 31 Purchaon 16,000 4,000 15,000 20,000 1,000 8,000 4,000 140 150 3,200,000 160,000 d. 2. How m 160 160 a. 242 b. 140 C. 500,000 30

Jun 11, 2022
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