Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Problem 6 3a perpetual alternative cost flows lo p1

14/10/2021 Client: muhammad11 Deadline: 2 Day

Problem 5-3A Perpetual: Alternative Cost Flows LO P1

removed]
1.
value:
15.00 points


Problem 5-3A Perpetual: Alternative cost flows LO P1

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2015 purchases and sales transactions.

Date Activities Units Acquired at Cost Units Sold at Retail
Jan. 1 Beginning inventory 600 units @ $ 35 per unit
Feb. 10 Purchase 300 units @ $ 32 per unit
Mar. 13 Purchase 150 units @ $ 20 per unit
Mar. 15 Sales 725 units @ $ 80 per unit
Aug. 21 Purchase 190 units @ $ 40 per unit
Sept. 5 Purchase 540 units @ $ 37 per unit
Sept. 10 Sales 730 units @ $ 80 per unit



Totals 1,780 units 1,455 units




Required:
1.

Compute cost of goods available for sale and the number of units available for sale.




2. Compute the number of units in ending inventory.


3.

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification units sold consist of 600 units from beginning inventory, 200 from the February 10 purchase, 150 from the March 13 purchase, 140 from the August 21 purchase, and 365 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)




4.

Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)


References
eBook & Resources
WorksheetDifficulty: 3 Hard
Problem 5-3A Perpetual: Alternative cost flows LO P1Learning Objective: 05-P1 Compute inventory in a perpetual system using the methods of specific identification, FIFO, LIFO, and weighted average.
Check my work

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Homework Master
Financial Solutions Provider
Professional Coursework Help
Finance Professor
Peter O.
Quick Finance Master
Writer Writer Name Offer Chat
Homework Master

ONLINE

Homework Master

I have worked on wide variety of research papers including; Analytical research paper, Argumentative research paper, Interpretative research, experimental research etc.

$27 Chat With Writer
Financial Solutions Provider

ONLINE

Financial Solutions Provider

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$22 Chat With Writer
Professional Coursework Help

ONLINE

Professional Coursework Help

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$16 Chat With Writer
Finance Professor

ONLINE

Finance Professor

As an experienced writer, I have extensive experience in business writing, report writing, business profile writing, writing business reports and business plans for my clients.

$38 Chat With Writer
Peter O.

ONLINE

Peter O.

I am an academic and research writer with having an MBA degree in business and finance. I have written many business reports on several topics and am well aware of all academic referencing styles.

$19 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

I have read your project description carefully and you will get plagiarism free writing according to your requirements. Thank You

$20 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

Informative Speech Outline and Self Appraisal - Paradigm Analysis Paper - PSY/301 Week 2 Presentation...1 Slide and a couple paragraphs - Story in 6 words - Un1075 petroleum liquefied gas - Connecting to the real world/ questions 1-4 - W7 law - Newman's own organics is considered a socially responsible company because it ________. - Trek limited lifetime warranty - 2 ethyl 3 3 dimethylpentane - Dance classes brisbane southside adults - Nhs london leadership academy - Sharon giammatteo cause of death - Advantage of third class lever - Sex linked traits answer key - Rsch 8110 week 4 - Question and reply - Rabbi manis friedman jesus - Deliverable 6 - Customer Relationship Management (CRM) Information Gathering & Decision Making POWER POINT 12Slides - Plumb line posture landmarks - Wk-15 - Sharad chaudhary bank of america - Office 2010 box plot - Whose bones were buried in the promised land at shechem - Harveys copper beech sherry - Mt baw baw parking - Dying to be thin answer key - Analysis of an ethical case is done by - Adjusted cash balance per bank - Thorn jupiter 3 led - Week 5 Discussion - Guru Olivia Only - Boring tedious jobs generally reduce people's perceptions of their - 101 ways to say good job - Visual basic 2012 programming challenges answers - Disadvantages of pipeline transport - Marketing real people real choices 10th edition pdf - Freedonia has a comparative advantage in the production of tea - Enterprise Security Plan Strategic Objectives - Van den esschert v chappell - Molar heat of solution - Unilever's new global strategy case study - Explain how the spectroscope will be calibrated - What money market instrument is used to finance international trade - The interior angle of a hexagon - Kinky copies may buy a high volume copier - Social media isolation argumentative essay - Lesson 7.3 antitrust economic regulation and competition worksheet answers - Humanistic and existential personality theories worksheet answers - Fin 534 homework set 1 - Tools for mindful living - Tv ears instruction manual - My sparc rewards coca cola - Business ethics - How to make 20 naoh solution - BUS 633 WEEK 2 ASSIGNMENT - Mr jonathan jagger ophthalmologist - Microsoft baseline security analyzer - Discussion M-5 W-9 Lance - How do you calculate the case mix index - Litherland moss primary school - Tic tac toe android - Stopping by Woods on a Snowy Evening Meaning - Loanable funds graph expansionary fiscal policy - Zoonotic & Vector-borne Diseases SLA: Infographic - Queensland plumbing and wastewater code - Sonnet 116 poetic devices - Fire staircase requirements malaysia - Round to the nearest whole number - Scholars research library der pharmacia lettre - Project - 4 Powerpoints + 4 Workbooks (for a Trainer/Coach in a retail business ) - Capsim creating a new product - Creating Company E-mail/WIFI/Internet Use Policies - Workflow types in uipath - Lenovo building a global brand case analysis - Language of representation examples - Protec 6300 fire panel - Dr bushra rauf gynecologist peshawar clinic - Accurate answers to the questions demonstrating knowledge of legislative and regulatory provisions and applying problem solving skills. - Alder grange 6th form - Peeta and katniss first kiss - I Need 1500 words on solution a International Management (BUSS 1006)-CW3-Fall-19-QP - Aldi water filter pitcher - 4 http www ncbi nlm nih gov books nbk21154 - I need help with managerial Finance assignment. - Marquis motorhomes ivybridge devon - Harbor freight planishing hammer discontinued - Moc management of change - Incentive motivation definition psychology - Community benefit fund nt - North face rock 22 dimensions - Unsw library opening hours - Lookup transformation in informatica cloud - 191 ballarat road maidstone - Gowrie street primary school - Threats attacks and vulnerability assessment - Monash human biology short course - Current Topic 1 - Sustainability - Student replies - Analysis of case study healing and autonomy