Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 3 72 $ 600 43,200 72 600 43,200 Apr. 8 144 720 103,680 V 144 720 103,680 72 600 43,200 Apr. 11 96 720 69,120 48 720 48 720 Apr. 30 60 60 ay 8 120 800 96,000 120 800 96,000 600 May 10 72 800 57,600 120 X May 19 36 V 800 28,800 May 28 120 880 105,600 120 880 105,600 600 ine 5 72 ine 16 ine 21 216 960 207,360 216 960 207,360 ine 28 108 960 103,680 ine 30 Balances Determine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period. tal sales 1,107,600 tal cost of merchandise sold ross profit Determine the ending inventory cost on June 30. > >
Date Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Quantity Unit Cost Total Cost Apr. 3 72 $ 600 43,200 72 600 43,200 Apr. 8 144 720 103,680 V 144 720 103,680 72 600 43,200 Apr. 11 96 720 69,120 48 720 48 720 Apr. 30 60 60 ay 8 120 800 96,000 120 800 96,000 600 May 10 72 800 57,600 120 X May 19 36 V 800 28,800 May 28 120 880 105,600 120 880 105,600 600 ine 5 72 ine 16 ine 21 216 960 207,360 216 960 207,360 ine 28 108 960 103,680 ine 30 Balances Determine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period. tal sales 1,107,600 tal cost of merchandise sold ross profit Determine the ending inventory cost on June 30. > >
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Hi,
I am wondering if I can get some help on this problem please? Even if it is just some guidance on formulas to solve the rest on my own since I can check my answers as I go.
Thank you
Transcribed Image Text:Date
Quantity
Unit Cost
Total Cost
Quantity
Unit Cost
Total Cost
Quantity
Unit Cost
Total Cost
Apr. 3
72
$
600
43,200
72
600
43,200
Apr. 8
144
720
103,680 V
144
720
103,680
72
600
43,200
Apr. 11
96
720
69,120
48
720
48
720
Apr. 30
60
60
ay 8
120
800
96,000
120
800
96,000
600
May 10
72
800
57,600
120 X
May 19
36 V
800
28,800
May 28
120
880
105,600
120
880
105,600
600
ine 5
72
ine 16
ine 21
216
960
207,360
216
960
207,360
ine 28
108
960
103,680
ine 30
Balances
Determine the total sales, the total cost of merchandise sold, and the gross profit from sales for the period.
tal sales
1,107,600
tal cost of merchandise sold
ross profit
Determine the ending inventory cost on June 30.
> >
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