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Park Company reported the following March purchases and sales data for its only product.  DateActivitiesUnits Acquired at CostUnits sold at Retail Mar.1  Beginning Inventory150 units@$7.00 =$1,050        Mar.10  Sales         90 units@$15  Mar.20  Purchase220 units@$6.00 = 1,320        Mar.25  Sales         145 units@$15  Mar.30  Purchase90 units@$5.00 = 450                       Totals460 units    $2,820 235 units                  Park uses a perpetual inventory system. For specific identification, ending inventory consists of 225 units, where 90 are from the March 30 purchase, 80 are from the March 20 purchase, and 55 are from beginning inventory.references  2.value:1.00 points  Exercise 5-3 Part 11.Determine the cost assigned to ending inventory and to cost of goods sold using specific identification.(Omit the “$” sign in your response.)    Ending inventory$ Exercise 5-3 Part 22.Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.(Due to rounding, the sum of Cost of Goods Sold and Ending inventory may not equal the Cost of Good available for sales.Round per unit costs to three decimal places. Round your answer to nearest dollar amount. Omit the “$” sign in your response.)  DateCost of Goods SoldInventory Balance3/1 $ Exercise 5-3 Part 33.Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Omit the “$” sign in your response.)  DateCost of Goods SoldInventory Balance3/1 $ Exercise 5-3 Part 44.Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. (Omit the “$” sign in your response.)   DateCost of Goods SoldInventory Balance3/1 $ [removed]3/10$ [removed]     $ [removed]3/20 $ [removed]3/25[removed]     $ [removed]3/30 $ [removed]  Total$ [removed]        check my workeBook LinkView Hint #1references 11 years ago22.03.20135Report issueAnswer(1)courseworkhero.co.uk1.0 (2) (Not rated)ChatPurchase the answer to view itNOT RATEDsolution-1.xlsx11 years agoplagiarism checkPurchase $5Bids(1)courseworkhero.co.ukother Questions(10)a cube has a side length of 36 inches. what is the area of the base?slope intercept form of -1/4 (-2,8)need the facts to a case by tonight VM2home work assugnmentStatisticsNeed help with parabola, hyperbola, and ellipse homework. need help in my homeworkLoihi is a future Hawaiian island in the process of forming on the ocan floor Considering how this island chain…Applied SciencesArchitecture and DesignBiologyBusiness & FinanceChemistryComputer ScienceGeographyGeologyEducationEngineeringEnglishEnvironmental scienceSpanishGovernmentHistoryHuman Resource ManagementInformation SystemsLawLiteratureMathematicsNursingPhysicsPolitical SciencePsychologyReadingScienceSocial ScienceLiberty UniversityNew Hampshire UniversityStrayer UniversityUniversity Of PhoenixWalden UniversityHomeHomework AnswersArchiveTagsReviewsContactCopyright © 2024 SweetStudy.com (Step To Horizon LTD)

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