october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo, - Problem 6 : 2024-11-02 october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo,The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 . october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo,$9,799.00
$20K+
october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo,Note: For specific identification, the ending inventory was part of units purchased on October 10 and October 30. Specific Identification: Ending inventory = $7,090 (1 x $770 .The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 purchase, and the October 28 sale consists of three purses from the October 10 purchase and four purses from the October 20 purchase. ending inventory--. cost of good sold --.Since 3 purses from the October 10 purchase were sold on October 28, we have 4 purses remaining from the October 10 purchase and 4 purses remaining from the October 20 . These 7 units will come from the remaining inventory in the order they were purchased: 4 units from the October 10 purchase (4 units at $750 each) and 3 units .
october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo,Using weighted-average cost, calculate ending inventory and cost of goods sold at October 31. (Round your intermediate calculations to 4 decimal places and final answers to 2 .Therefore, the cost of goods sold for the October 28 sale is $6,410 ($2,730 + $3,680). To calculate the ending inventory, we need to determine the number of purses and their .The October 4 sale consists of purses from beginning inventory, the October 13 sale consists of one purse from beginning inventory and two purses from the October 10 .
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october 28 sale 7 october 30 purchase 7 870 6,090 $ 18,820 3. using lifo,