subject
Business, 07.03.2020 05:11 HyperT1676

Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. During the year, purchases were:
Feb. 20 600 units @ $9 Aug. 12 300 units @ $11
May 5 500 units @ $10 Dec. 8 200 units @ $12
Eddings Company uses a periodic inventory system. Sales totaled 1,500 units.

Determine the cost of goods available for sale.
$

Determine (1) the ending inventory, and (2) the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average). (Round the unit cost in the average cost method to 2 decimal places, e. g. 10.50. Use the rounded amounts for subsequent calculations. Round final answers to 0 decimal places, e. g. 125.)
FIFO LIFO Average Cost
Ending Inventory $
$
$

Cost of Goods Sold $
$
$

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company
Answers: 2
question
Business, 22.06.2019 01:50
You are an employee of an u.s. firm that produces personal computers in thailand and then exports them to the united states and other countries for sale. the personal computers were originally produced in thailand to take advantage of relatively low labor costs and a skilled workforce. other possible locations considered at that time were malaysia and hong kong. the u.s. government decides to impose punitive 100% ad valorem tariffs on imports of computers from thailand to punish the country for administrative trade barriers that restrict u.s. exports to thailand. how do you think your firm should respond? what does this tell you about the use of targeted trade barriers?
Answers: 3
question
Business, 22.06.2019 16:10
From what part of income should someone take savings?
Answers: 2
question
Business, 22.06.2019 17:30
If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots
Answers: 1
You know the right answer?
Eddings Company had a beginning inventory of 400 units of Product XNA at a cost of $8.00 per unit. D...
Questions
question
History, 23.07.2019 02:30
question
Mathematics, 23.07.2019 02:30
question
Computers and Technology, 23.07.2019 02:30
Questions on the website: 13722362