Make a system for recording the cost of raw materials using the complete Perpetual and Periodic method.note: excel formulas for each work Known transactions at the company PT. Wahid for theDecember 2019 period as follows:1. Initial inventory 10,000kg @ IDR 10,0005. Purchase 5,000kg @ IDR 11,0006. Usage 9000kg10. Purchase 1000kg @IDR 12,00011. Usage 2000kg12. Usage 1000kg20. Purchase 5,000kg @ Rp 12,00025. Usage 500kgSpecial Remarks:• Materials used on December 6, 2019, came from initialinventory of 6,000kg and purchases on December 5, 2019of 3,000kg• Usage on December 11, 2019, comes from initial inventoryof 1000kg• Usage on December 12, 2019, came from the purchase ofraw materials on December 10, 2019 as much as 1000kg• Materials used on December 25, 2019, came frombeginning inventoryRequested:1. Make a system for recording the cost of raw materialsusing the complete Perpetual and Periodic method.

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Description: Make a system for recording the cost of raw materials using the complete Perpetual and Periodic method.note: excel formulas for each work Known transactions at the company PT. Wahid for theDecember 2019 period as follows:1. Initial inventory 10,000kg

Cost of Raw Material To calculate the cost of raw material first to add the beginning inventory plus…

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Accounting

Make a system for recording the cost of raw materials using the complete Perpetual and Periodic method. note: excel formulas for each work

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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