Consider the following transactions for DeTrees Company for the month shown in chronological order: Number of Units Unit Cost Sales Beginning inventory Purchased Sold Sold $66 75 100 80 50 $120 25 125 Ending inventory 105 In the table below, calculate the dollar value for the period for each of the following items using the listed cost allocation methods and using perpetual inventory, updating. PLEASE NOTE: All dollar amounts will be rounded to whole dollars using "$" with commas as needed (i.e. $12,345), except for the Weighted Average cost per unit, which will be rounded to two decimal places and include "$" (i.e. $12,345.67). [HINT - You definitely will want to consider using this EXCEL spreadsheet Final Chapter10 #1 #2 Worksheets.xlsx I to assist in your calculations.] Weighted average cost per unit = per unit.

Consider the following transactions for DeTrees Company for the month shown in chronological order: Number of Units Unit Cost Sales Beginning inventory Purchased Sold Sold $66 75 100 80 50 $120 25 125 Ending inventory 105 In the table below, calculate the dollar value for the period for each of the following items using the listed cost allocation methods and using perpetual inventory, updating. PLEASE NOTE: All dollar amounts will be rounded to whole dollars using "$" with commas as needed (i.e. $12,345), except for the Weighted Average cost per unit, which will be rounded to two decimal places and include "$" (i.e. $12,345.67). [HINT - You definitely will want to consider using this EXCEL spreadsheet Final Chapter10 #1 #2 Worksheets.xlsx I to assist in your calculations.] Weighted average cost per unit = per unit.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 5EA: Akira Company had the following transactions for the month. Calculate the ending inventory dollar...

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