Inventory Purchase Information Date Number of Units Cost per unit Extended Cost Beginning Inventory 100 10 1,000 10-Mar 150 11 1,650 20-Mar 100 10 1,000 30-Mar 150 12 1,800   The company had a sale of 200 units on March 12 and 100 units on March 22. Assume the company utilizes a Perpetual inventory cost system and a First-In, First-Out (FIFO) cost flow assumption? What is the costs of goods sold for the sale on March 12? Group of answer choices: $2,100 $2,300 $2,850 $3,150 $3,650

Calculate the cost of goods available for sale for Atlantis Company, in units and in dollar amounts, given the following facts about their inventory for the period:     # of units Cost per unit Beginning Inventory 140 $75 Purchased Goods during the period 240 $77 Sold goods during the period 80 $125 Purchased goods during the period 220 $80 Possible item names to complete the table below: Sales Goods Available for Sale Ending Inventory Purchases Beginning Inventory Cost of Goods Sold PLEASE NOTE: You will enter the item names exactly as written above, the units will be just the number, and all dollar amounts will be rounded to whole dollars using "$" with commas as needed (i.e. $12,345). Items Units Dollar Amount

Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for last-in, first-out (LIFO).                                Number of units           Unit cost                      Unit sales Beginning invengtory   240                          $100 Sold                               160                                                                 $140 Purchased                      520                          $103 Sold                                400                                                                 $142 Purchased                       400                          $110 Sold                                 370                                                                  $144 Ending inventory             230

How do I solve this?

5.The following data pertain to Cross Company (assume a perpetual inventory system) for the month ended January 31, 2019:   Date           Description                  Units                 Unit Cost       Unit Selling Price     Jan.1        Beg. Inventory                   10                        $50           5        Purchase                              25                          52         10        Sale                                       (6)                                                        $80         16        Sale                                     (10)                                                          82         20        Purchase                              12                          55         25        Sale                                     (20)                                                          85   Required: 1. Compute the cost of goods sold and ending inventory under FIFO. 2. Compute Gross Margin under FIFO

Inventory data for an item for November are: Date Description 1-Nov 4-Nov 15-Nov 17-Nov 28-Nov 30-Nov Beg. Inventory Purchased Sold Purchased Purchased Sold Units and Prices 15 units at $10 each 50 units at $12 each 45 units for $40 each 30 units at $15 each 10 units at $20 each 50 units for $45 each Suppose this company employs a periodic inventory system using Weighted Average assumptions. What is the average cost per unit used for inventory in November? Please round to the penny.

question

Required information [The following information applies to the questions displayed below.] The following are the transactions for the month of July. Unit Selling Units Unit Cost Price $ 10 July 1 July 13 July 25 Beginning Inventory 41 Purchase 205 12 Sold (100) $ 16 July 31 Ending Inventory 146 Required: a. Calculate cost of goods available for sale and ending inventory under FIFO. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under FIFO. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate cost of goods available for sale and ending inventory under FIFO. Assume a periodic inventory system is used. Cost per FIFO (Periodic). Units Total Unit Beginning Inventory Purchases מ 4 . ו. .!

The following data has been provided by Lee Company regarding its inventory purchases and sales throughout the year. Transaction Units Cost per Unit January 1 Balance 185 $86 March 14 Sale 54 May 23 Purchase 136 90 August 21 Sale 100 November 5 Purchase 171 91 November 18 Sale 100 November 30 Sale 100 December 5 Sale 100 December 10 Purchase 25 95 Required: Compute the cost of goods sold and ending inventory using the perpetual inventory system for the LIFO cost flow assumption. Ending inventory Cost of goods sold

Weighted average cost flow method under perptual inventory system.  The following units of a particular item were availabe for sale during the calendar year. Jan. 1                    Inventory         4,000 units at $20 April 19                Sale                  2,500 units June 30                 Purchase         6,000 units at $24 Sept. 2                  Sale                 4,500 units Nov. 15               Purchase           1,000 units at $25 Instructions:  The firm uses the weighted averaghe cost method with a perpetual inventory system. Determine the cost of merchandise sold for each sale and the inventory balance after each sale. (chapter 7 question EX 7-9 page 380- immediate accounting I textbook)