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orehensive Bonus Chp b & b 1 of 1 (1 complete) olesale company that purchases la

ID: 2548672 • Letter: O

Question

orehensive Bonus Chp b & b 1 of 1 (1 complete) olesale company that purchases lamps The trial balance for JLC as of Septembe o retail stores. The company has three and floor lamps. JLC uses a perpetual ns land with a building, which is separated Merchandise Inventory as of September (Click the icon to view the trial balan space. All expenses associated with El (Click the icon to view the Merchandi ve Expenses. All expenses associated se er i Data Table Quantity Unit Cost Total Cost Item Desk Lamp Table Lamp Floor Lamp Total 2,200 $ 3,500 1,500 8,800 59,500 45,000 113,300 4 $ el 17 la Print Done d then click Check Answer. Clear All

Explanation / Answer

Desk Lamps

Purchases

Cost of Goods Sold

Inventory on hand

Date

Quantity

Unit Cost

Total Cost

Quantity

Unit Cost

Total Cost

Quantity

Unit Cost

Total Cost

Sep-30

2200

4

8800

Oct-01

5500

8

44000

2200

4

8800

5500

8

44000

Oct-15

800

4

3200

1400

4

5600

5500

8

44000

Nov-01

1400

4

5600

3400

8

27200

2100

8

16800

Nov-05

5500

10

55000

3400

8

27200

5500

10

55000

Nov-15

2100

8

16800

1300

8

10400

5500

10

55000

Dec-27

1300

8

10400

2500

10

25000

3000

10

30000

Dec-31

18

10

180

2482

10

24820

Totals

99000

82980

335820

Desk Lamps

Purchases

Cost of Goods Sold

Inventory on hand

Date

Quantity

Unit Cost

Total Cost

Quantity

Unit Cost

Total Cost

Quantity

Unit Cost

Total Cost

Sep-30

2200

4

8800

Oct-01

5500

8

44000

2200

4

8800

5500

8

44000

Oct-15

800

4

3200

1400

4

5600

5500

8

44000

Nov-01

1400

4

5600

3400

8

27200

2100

8

16800

Nov-05

5500

10

55000

3400

8

27200

5500

10

55000

Nov-15

2100

8

16800

1300

8

10400

5500

10

55000

Dec-27

1300

8

10400

2500

10

25000

3000

10

30000

Dec-31

18

10

180

2482

10

24820

Totals

99000

82980

335820