Question

Duck

［會計］想問一下紅色圈起來的10哪裡來的？

Pe         Invertory System with Different Cost Formulas
Fresh Wholesale buys peaches from farmers and sells them to canneries. During May 2017, Freshs
inventory records showed the following:

 

 

 

   

Cases Price

May 1    ming inventory    和人    5,100 4&10.50
4 Purchase 2                 同    1,210   12.00

9 Sae..                   1020         19.65

13 Purchase                                 1050    12.50
細人“全                      1,750       19.65

26 Purchase                                           ?                2,120       13.00

30 Sale                                  2,340    19.65

  

 

tem to account for its inventory, which means that I

Fresh Wholesale uses the periodic inventory sys
iod no matter'when they actually occurred.

sales are assumed to occur at the end of the pe

Reqgujred:
Calculate the cost of good
unit costs to the nearest cent)

1 FIFO
2. Weighted average cost

g the following cost formulas. (Calculate

is sold and ending inventory usin

   

Jen IFO and Weiqghted Averaoe

P7-10(LO4)        Periodic Inventory System with Different Cost Formulas

1 FIFo
Cases remainin

Cost of goods available for sale:
5,100 at &10.50
1,210 at 512.00
1,050 at 512.50
2.120 at 513.00

9480

 

 

228
P7~10 (LO4) (continued)
Costofgoods sold:

5,100 cases at 510.50 = 553,550

10 cases at 5 12.0!         120
253.670

Cost of goods available for sale

Costofgoods sold.
Ending inventory .

  

 

 

 

2.。 Weighted Average cost
Cost of goods available for sale
Total units available ...

Weighted average cost per unit.

Cost of goods sold: 511.47 x 5,110 =558,612
Ending inventory: 5&108,755-&58,612 = 550,143

 

 
 

4,370

5 53,550
14,520
13,125
27.560

5108.755

chapter7

2108,755
53,670
$55.085

108,755
=_9,480
5_1147

Answer 1

✨ 最佳解答 ✨

平凡大學生

五月9.19.30號
總共賣出5110
FIFO下
5100要用期初存貨的成本
10用第一筆進貨(4號)的成本