Business, 12.03.2021 16:00 jamarcusweverjr1133
You have the following information for Oriole Company for the month ended October 31, 2022. Oriole uses a periodic method for inventory
Date Description Units Unit Cost or Selling Price
Oct. 1 Beginning inventory 55 26
Oct. 9 Purchase 130 28
Oct. 11 Sale 95 45
Oct. 17 Purchase 95 29
Oct. 22 Sale 55 50
Oct. 25 Purchase 65 31
Oct. 29 Sale 105 50
a. Calculate the weighted average cost.
(Round answer to 3 decimal places, e. g. 5.125.)
b. Calculate ending inventory, cost of goods sold, gross profit under each of the following methods.
(1) LIFO.
(2) FIFO.
(3) Average-cost.
(Round answers to o decimal place, e. g. 125.)
c. Calculate gross profit rate under each of the following methods.
(1) LIFO.
(2) FIFO.
(3) Average-cost.
(Round answers to 1 decimal place, e. g. 51.2%)
Answers: 3
Business, 22.06.2019 04:00
Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. however, the company is also employing a segmentation strategy to separate customers within that focus. the strategy offers items at an entry-level price point for customers who desire to be like celebrities such as sarah jessica parker as well as couture items for those richest and celebrity customers. what strategy is burberry pursuing?
Answers: 3
Business, 22.06.2019 17:50
On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?
Answers: 2
Business, 23.06.2019 02:30
Is will able to claim r.j. as a qualifying child for the earned income credit (eic)?
Answers: 1
You have the following information for Oriole Company for the month ended October 31, 2022. Oriole u...
Mathematics, 04.09.2021 07:10
History, 04.09.2021 07:10
Physics, 04.09.2021 07:10
Mathematics, 04.09.2021 07:10
English, 04.09.2021 07:10
Mathematics, 04.09.2021 07:20
History, 04.09.2021 07:20
Mathematics, 04.09.2021 07:20
Chemistry, 04.09.2021 07:20
Mathematics, 04.09.2021 07:20
Mathematics, 04.09.2021 07:20
Social Studies, 04.09.2021 07:20
Mathematics, 04.09.2021 07:20
Mathematics, 04.09.2021 07:20