Maurice Tutor

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About Maurice Tutor

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Expertise:
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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, 1 Day Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Jul 2017 My Price 4.00

Pearcy Company

Pearcy Company reports the following activity during October related to its inventory of cameras: 
Oct. 1 Beginning inventory consisted of 8 cameras costing $100 each.
3 Purchased 12 cameras costing $110 each.
14 Purchased 7 cameras costing $115 each.
20 Purchased 15 cameras costing $125 each.
29 Sold 26 cameras for $150 each.
The 26 cameras sold on October 29 consisted of the following: 4 cameras from the beginning inventory, 5 cameras purchased on October 3, 3 cameras purchased on October 14, and 14 cameras purchased on October 20. Determine 
(1) The cost of goods sold for the month and 
(2) The ending inventory balance for October 31 using the specific identification cost flow assumption.

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Jul 2017 10:07 PM My Price 4.00

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