Monday
November 24, 2014

Homework Help: business accounting

Posted by norma on Friday, June 11, 2010 at 12:53pm.

Lakie uses a perpetual inventory system. Ending inventory consists of 500 units, 400 from the July 28 purchase and 100 from the Dec19 purchase. Determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c)FIFO,and (d)LIFO

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

accounting help - Please help Tevin Trader starts a merchandising business on ...
Accounting - Using a perpetual system, how do I determine the FIFO,LIFO, ...
Financial Accounting - Brenda starts a merchanding business on December 1 and ...
accounting - Trader sells 15 units for $25 each on December 15. Eight of the ...
accounting - I NEED HELP; I'M LOST Trader sells 15 units for $25 each on ...
CONTEMPORARY MATH - HOW DID THEY GET THIS ANSWER? PHYSICAL INVENTORY OF PICTURE ...
Business Math - Using the FIFO method of inventory pricing, what is the dollar ...
accounting(financial) - Assigning costs to inventory-perpetual symstem. Dec. 7 ...
Accounting - Date Activities Units Acquired at Cost Units Sold at Retail Mar. 1...
Business Finance - Using the FIFO method of inventory pricing, what is the ...

Search
Members