Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 12.00

Bulldog Appliances

Periodic Inventory by Three Methods

Bulldog Appliances uses the periodic inventory system. Details regarding the inventory of appliances at September 1, 2013, purchases invoices during the next 12 months, and the inventory count at August 31, 2014, are summarized as follows:

Purchases Invoices
Model Inventory,
September 1		    1st    2nd    3rd    Inventory Count,
August 31
AZ09 __ 4 at $ 28 4 at $ 31 4 at $ 34 5    
GA85 8 at $ 94 4 at 85 3 at 91 6 at 98 7  
HI71 3 at 70 3 at 60 15 at 63 9 at 65 5  
KS32 7 at 227 6 at 235 5 at 245 10 at 244 9  
MS17 12 at 78 10 at 80 16 at 87 16 at 88 13  
ND52 2 at 111 2 at 113 3 at 131 3 at 133 5  
WV63 5 at 164 4 at 174 4 at 179 7 at 184 8  

Required:

1. Determine the cost of the inventory on August 31, 2014, by the first-in, first-out method.

If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.

Bulldog Appliances
Cost of the Inventory-FIFO Method
August 31, 2014
Model Quantity   Unit Cost   Total Cost
AZ09   $   $  
AZ09          
GA85          
GA85          
HI71          
KS32          
MS17          
ND52          
ND52          
WV63          
WV63          
Total       $  

2. Determine the cost of the inventory on August 31, 2014, by the last-in, first-out method.

If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the OLDEST units first.

Bulldog Appliances
Cost of the Inventory-LIFO Method
August 31, 2014
Model Quantity   Unit Cost   Total Cost
AZ09   $   $  
AZ09          
GA85          
HI71          
HI71          
KS32          
KS32          
MS17          
MS17          
ND52          
ND52          
ND52          
WV63          
WV63          
Total       $  

3. Determine the cost of the inventory on August 31, 2014, by the weighted average cost method.

Bulldog Appliances
Cost of the Inventory-Weighted Average Method
August 31, 2014
Model Quantity   Unit Cost   Total Cost
AZ09   $   $  
GA85          
HI71          
KS32          
MS17          
ND52          
WV63          
Total       $  

 

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 05:08 PM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)