subject
Business, 13.01.2022 09:20 chycooper101

You are provided with the following information for Koetteritz Inc. for the month ended June 30, 2017. Koetteritz uses the periodic method for inventory.
Date Description Quantity Unit Cost or Selling Price
June 1 Beginning inventory 40 $40
June 4 Purchase 135 43
June 10 Sale 110 70
June 11 Sale return 15 70
June 18 Purchase 55 46
June 18 Purchase return 10 46
June 25 Sale 65 76
June 28 Purchase 35 50
Calculate ending inventory, cost of goods sold, gross profit under each of the following methods.
(1) LIFO.
(2) FIFO.
(3) Average-cost.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:20
Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).
Answers: 3
question
Business, 22.06.2019 20:00
Which motion below could be made so that the chair would be called on to enforce a violated rule?
Answers: 2
question
Business, 22.06.2019 22:10
Afirm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the appliance from a vendor at $10 each or to produce them in-house. either of two processes could be used for in-house production; process a would have an annual fixed cost of $200,000 and a variable cost of $7 per unit, and process b would have an annual fixed cost of $175,000 and a variable cost of $8 per unit. determine the range of annual volume for which each of the alternatives would be best. (round your first answer to the nearest whole number. include the indifference value itself in this answer.)
Answers: 2
question
Business, 23.06.2019 18:30
What does an employee offer an employer
Answers: 2
You know the right answer?
You are provided with the following information for Koetteritz Inc. for the month ended June 30, 2...
Questions
question
Chemistry, 08.09.2021 03:00
question
Mathematics, 08.09.2021 03:00
question
Mathematics, 08.09.2021 03:00
Questions on the website: 13722363