# [removed] 1. value: 15.00 points     Problem 5-3A Perpetual: Alt

[removed] 1. value: 15.00 points     Problem 5-3A Perpetual: Alternative cost flows LO P1 Montoure Company uses a perpetual inventory system. It entered into the following calendar-year 2015 purchases and sales transactions.   Date   Activities Units Acquired at Cost Units Sold at Retail   Jan. 1     Beginning inventory 600  units @ \$ 35  per unit                   Feb. 10     Purchase 300  units @ \$ 32  per unit                   Mar. 13     Purchase 150  units @ \$ 20  per unit                   Mar. 15     Sales               725  units @ \$ 80  per unit     Aug. 21     Purchase 190  units @ \$ 40  per unit                   Sept. 5     Purchase 540  units @ \$ 37  per unit                   Sept. 10     Sales               730  units @ \$ 80  per unit                                        Totals 1,780  units           1,455  units                                               Required: 1. Compute cost of goods available for sale and the number of units available for sale.                2. Compute the number of units in ending inventory.          3. Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. For specific identification units sold consist of 600 units from beginning inventory, 200 from the February 10 purchase, 150 from the March 13 purchase, 140 from the August 21 purchase, and 365 from the September 5 purchase. (Round your average cost per unit to 2 decimal places.)                4. Compute gross profit earned by the company for each of the four costing methods. (Round your average cost per unit to 2 decimal places.)              References eBook & Resources WorksheetDifficulty: 3 Hard Problem 5-3A Perpetual: Alternative cost flows LO P1Learning Objective: 05-P1 Compute inventory in a perpetual system using the methods of specific identification, FIFO, LIFO, and weighted average. Check my work     ©2016 McGraw-Hill Education. All rights reserved.

Struggling to find relevant content? Order a custom essay on
[removed] 1. value: 15.00 points     Problem 5-3A Perpetual: Alt
Let our experts save you the hassle
Calculate the price
Pages (550 words)
\$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
Sign up, place your order, and leave the rest to our professional paper writers in less than 2 minutes.
step 1
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
s
Get personalized services with GPA Fix
One writer for all your papers
You can select one writer for all your papers. This option enhances the consistency in the quality of your assignments. Select your preferred writer from the list of writers who have handledf your previous assignments
Same paper from different writers
Are you ordering the same assignment for a friend? You can get the same paper from different writers. The goal is to produce 100% unique and original papers
Copy of sources used
Our homework writers will provide you with copies of sources used on your request. Just add the option when plaing your order
What our partners say about us
We appreciate every review and are always looking for ways to grow. See what other students think about our do my paper service.
Social Work and Human Services
Great Work!
Customer 452587, November 2nd, 2021
Nursing
Always perfect! Thank you!!!
Customer 452453, April 15th, 2021
Other
AWESOME
Customer 452813, June 30th, 2022
Other
great
Customer 452813, June 25th, 2022
Social Work and Human Services
Excellent! Done earlier than needed and with more sources than needed! Great work!
Customer 452485, August 22nd, 2021
Ethics
thank you
Customer 452493, March 15th, 2021
Criminal Justice
Looks good! Thank you Jason
Customer 452711, January 25th, 2022
English 101
I'm glad i came to you guys
Customer 452519, May 11th, 2021
Other
AWESOME
Customer 452813, June 21st, 2022
Marketing
Yes and thank you
Customer 452701, October 25th, 2022
Other
great
Customer 452813, June 25th, 2022
Professions and Applied Sciences
Thank you!
Customer 452707, March 4th, 2022