a companys inventory records report the following august 1 begining balancw 16 units at 6.00 5th purchase 11 units at 5.00 12th purchase 15 units at 6.00 on august 15 it sold 32 units using the FIFO what is the value of the inventory at august 15th after the sale 192 60 80 420 if not shown what is the answer?

Suppose that Target Corporation uses the periodic inventory system to account for inventories and has the following information at October 31. October 1 Beginning inventory 400 units $12.00 = $4,800 8 Purchase 800 units @ $12.40 = 9,920 16 Purchase 600 units @ $12.80 = 7,680 24 Purchase 200 units @ $13.60 = 2,720 Total units and cost 2,000 units $25,120 (a) Determine the ending inventory using the FIFO cost assumption if 500 units remain on hand at October 31. Ending inventory $

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Subject: accounting

please answer 4 and 5? answer are at the bottom what is the process to get these answers

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Suppose that Pharoah has the following inventory data: July 1 Beginning inventory 25 units at $5.00 5 Purchases 101 units at $5.50 14 Sale 67 units 21 Purchases 50 units at $6.00 30 Sale 47 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? O $650.50 ○ $980.50 O $330.00 O $485.00

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