You have the following information for Bonita Industries for the month ended October 31, 2022. Bonita uses a periodic method for inventory. Date Oct. 1 Oct. 9 Oct. 11 Oct. 17 Oct 22 Oct. 25 Oct. 29 Description Beginning inventory Purchase Sale Purchase Sale Purchase Sale Units Unit Cost or Selling Price $22 eTextbook and Media List of Accounts & 8 8 8 8 130 90 The ending inventory $ The cost of goods sold $ 65 75 100 Weighted average cost per unit $ Calculate the weighted-average cost. (Round answer to 3 decimal places, eg 5.125) 24514 (1) LIFO (2) FIFO (3) Average-cost. (Round answers to 0 decimal place.eg 125) 24 LIFO 83886 Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. 50 FIFO $ AVERAGE COST

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

Vinubhai

The accounting records of Kingbird Electronics show the following data. Beginning inventory Purchases Sales 3,060 units at $7 7,140 units at $9. 8,590 units at $12 Determine cost of goods sold during the period under a periodic inventory system using (a) the FIFO method, (b) the LIFO method, and (c) the average-cost method. Cost of goods sold FIFO SA $ LIFO $ Average-cost $

You have the following information for Van Gogh Inc. for the month ended October 31, 2025.Van Gogh uses a periodic method for inventory. Date Description Units unit cost Selling price per unit 1-Oct Beginning inventory 60 $24   9-Oct Purchase 120 $26   11-Oct Sale 100   $35 17-Oct Purchase 100 $27   22-Oct Sale 60   $40 25-Oct Purchase 70 $29   29-Oct Sale 110   $40 1. Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profitrate under LIFO.2. Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rateunder FIFO.3. Calculate (i) ending inventory, (ii) cost of goods sold, (iii) gross profit, and (iv) gross profit rateunder Average-cost (round cost per unit to three decimal places.) Please dont provide solution image based thanku

sharad

need answer

Haresh

Use this inventory information for the month of March to answer the following questions. Assuming that a periodic inventory system is used, what is ending inventory (rounded) under theaverage-cost method? What is cost of goods sold on a FIFO basis? What is ending inventory under the LIFO method?

Beginning inventory, purchases, and sales for an inventory item are as follows: Sep. 1 Beginning Inventory 23 units @ $11 5 Sale 11 units 17 Purchase 24 units @ $12 30 Sale 18 units Assuming a perpetual inventory system and the last-in, first-out method: a. Determine the cost of the goods sold for the September 30 sale. b. Determine the inventory on September 30.