Need immediate help with this accounting question. Spotter Corporatlon reported the following for June In Its perlodic Inventory records.DescriptionBeginning11 Purchase24 PurchaseUnits12DateUnit CostTotal Costபone386.342201122024autpu306Requlred:1. Calculate the cost of ending Inventory and the cost of goods sold under the (a) FIFO and (b) welghted average cost methods.not round your Intermediate calculations. Round "Welghted Averege Cost" to 2 decimal places.)Cost of EndingInventoryCost of GoodsSoldFIFO256S.402Weighted average cos

Date Description Units Unit cost Total cost June 1 Beginning 12 $8 $96 11 Purchase 38 9 342 24…

Spotter Corporation reported the following for June In Its perlodic Inventory records. Date Description Beginning Units Unit Cost Total Cost June 1 12 $ 8 $ 96 11 Purchase 38 9. 342 24 Purchase 20 11 220 30 Ending 24 Requlred: 1. Calculate the cost of ending Inventory and the cost of goods sold under the (a) FIFO and (b) welghted average cost methods. not round your Intermedlate calculations. Round "Welghted Average Cost" to 2 decimal places.) Cost of Ending Cost of Goods Inventory Sold FIFO 256 402 Weighted average cost

Spotter Corporation reported the following for June In Its perlodic Inventory records. Date Description Beginning Units Unit Cost Total Cost June 1 12 $ 8 $ 96 11 Purchase 38 9. 342 24 Purchase 20 11 220 30 Ending 24 Requlred: 1. Calculate the cost of ending Inventory and the cost of goods sold under the (a) FIFO and (b) welghted average cost methods. not round your Intermedlate calculations. Round "Welghted Average Cost" to 2 decimal places.) Cost of Ending Cost of Goods Inventory Sold FIFO 256 402 Weighted average cost

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 2PA: Trini Company had the following transactions for the month. Calculate the ending inventory dollar...

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