9:39 PM Tue Mar 5 Done < Homework Ch 6 4 Part 2 of 4 0.83 points 02:19:08 Skipped eBook Print References AA Mc Graw Hill 1 Date October 1 October 4 October 10 October 13 October 20 October 28 October 30 Required information Problem 6-1A (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO6- 3) [The following information applies to the questions displayed below.] Brianna's Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Brianna's Boutique uses a periodic inventory system. Transactions Beginning inventory Sale Purchase Sale Purchase Sale Purchase Problem 6-1A (Algo) Part 2 ezto.mheducation.com Ending inventory Cost of goods sold Saved < Prev Units Unit Cost 6 $770 4 5347a 780 790 800 2. Using FIFO, calculate ending inventory and cost of goods sold at October 31. Total Cost $4,620 S 4 5 6 3,900 5,600 $17,280 of 10 3, 160 Help Next > Save & Exit Submit Check my work * 80%

k 6 HW - Con O Young Thug - Livin It Up (with ezto.mheducation.com {3 Saved Help Save & Exit Check my E7-5 (Algo) Calculating Ending Inventory and Cost of Goods Sold Under FIFO, LIFO, and Average Cost LO7-2 Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1: Units Unit Cost Inventory, December 31, prior year For the current year: 1,970 $6 Purchase, March 21 Purchase, August 1 Inventory, December 31, current year 5,050 2,840 9. 4,130 Required: Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 2 decimal places and final answers to nearest whole dollar amount.) FIFO LIFO Average Cost Ending inventory Cost of goods sold

A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUr McGraw-Hill Connect M Co Saved Required information Problem 6-2A Calculate ending inventory, cost of goods sold, sales revenue, and gross profit for four inventory methods (LO6-3, 6-4,6-5) [The following information applies to the questions displayed below.] Greg's Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for March. Greg's Bicycle Shop uses a periodic inventory system. month of Date March March March March March 22 March 27 March 30 Transactions Beginning inventory Sale ($330 each) Purchase Sale ($380 each) Purchase Sale ($405 each) Purchase Unit Cost $215 Units 20 15 10 8 10 12 Total Cost $ 4,300 235 2,350 17 245 2,450 265 2,120 $11,220 For the specific identification method, the March 5 sale consists of bikes from beginning inventory, the March 17 sale consists of bikes from the March 9 purchase, and the March 27 sale consists of for bikes from…

CNOWv2 Student Help x + enow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locato... 시기 wsing Protection X Chapter 9 < Cost of merchandise sold Inventories: Beginning of year eBook Inventory Turnover and Days' Sales in Inventory Financial statement data for years ending December 31 for Amsterdam Company follow: End of year 20Y4 20Y3 X Inventory Turnover 20Y4 Show Me How 20Y3 CengageNOWv2 | Online t X Search 20Y4 $3,598,900 593,000 648,000 a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place. Print Item 20Y3 $3,015,630 b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place. OL 589,600 Days' Sales in Inventory days days c. Does the change in the inventory turnover and the days' sales in inventory from 20Y3 to 20Y4 indicate a favorable or an unfavorable 593,000 10 Q 813 PrtSc Insert S 1 3/