HomeWorK. Chapter b Score:0 ot 5 pts E6-15 (book/static) HW Score: 0%, 0 ot 25 p
ID: 2540883 • Letter: H
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HomeWorK. Chapter b Score:0 ot 5 pts E6-15 (book/static) HW Score: 0%, 0 ot 25 pts Question Help * Super Mart, a rogional convcnicncestorechain, maintains milkmontory by lhe gallon Thc nrst month's mik purchasos and salC5 at ts Frooport, Florda, locatton 10. carck the icen vew the purchases and saes) Read the teauiemeONA Requirement 1. celei mine tre ar Kurt Ihat would be reported nenúng methanoise ri e ilon on November 15 using urefrvenico cosing merid ce all or the transact ons have been ente ed into the perpetual date the quamty and to a cost or merchandise nventory urchased sold and on hand at the end of te Enter the transactons in chronological o de calculating no r entory on hand balances after each transaction perlod. (Enter all amounts to the naarest cent. SX.XX Enter the oldast Inventory layers first.) econ ca Cost of Goods sold Inventory on Hand Unit Total Unit Total Unit Total Date QuantityCost Cost Quantiry Cost Cost Qanty Cost Cost NowExplanation / Answer
STATEMENT SHOWING INVENTORY RECORD UNDER PERPETUAL FIFO METHOD RECIEPTS COST OF GOODS SOLD BALANCE DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ 2-Nov 11 2.15 23.65 11 2.15 23.65 6-Nov 2 2.8 5.6 11 2.15 23.65 2 2.8 5.6 8-Nov 6 2.15 12.9 5 2.15 10.75 2 2.8 5.6 13-Nov 3 2.85 8.55 5 2.15 10.75 2 2.8 5.6 3 2.85 8.55 14-Nov 4 2.15 8.6 1 2.15 2.15 2 2.8 5.6 3 2.85 8.55 TOTAL 16 37.8 10 21.5 6 16.3 STATEMENT SHOWING INVENTORY RECORD UNDER PERPETUAL LIFO METHOD RECIEPTS COST OF GOODS SOLD BALANCE DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ 2-Nov 11 2.15 23.65 11 2.15 23.65 6-Nov 2 2.8 5.6 11 2.15 23.65 2 2.8 5.6 8-Nov 2 2.8 5.6 4 2.15 8.6 7 2.15 15.05 13-Nov 3 2.85 8.55 7 2.15 15.05 3 2.85 8.55 14-Nov 3 2.85 8.55 1 2.15 2.15 6 2.15 12.9 TOTAL 16 37.8 10 24.9 6 2.15 12.9 STATEMENT SHOWING INVENTORY RECORD UNDER PERPETUAL WEIGHTED AVERAGE METHOD RECIEPTS COST OF GOODS SOLD BALANCE DATE UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ UNITS RATE AMOUNT $ 2-Nov 11 2.15 23.65 11 2.15 23.65 6-Nov 2 2.8 5.6 11 2.15 23.65 2 2.8 5.6 Average 13 2.25 29.25 8-Nov 6 2.25 13.5 7 2.25 15.75 13-Nov 3 2.85 8.55 7 2.25 15.75 3 2.85 8.55 Averagge 10 2.43 24.3 14-Nov 4 2.43 9.72 6 2.43 14.58 TOTAL 16 37.8 10 23.22 6 2.43 14.58
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