24/7 online - support@tutoringspots.com
1-316-444-1378 or 44-141-628-6690
Login
August 14th, 2017 
admin Tony Merchandise Company_Computation of Inventory costing
Tony Merchandise Company has the following information for the month of February:
| Feb. 2 | Beginning inventory | 20 | units | @ | $12 | per unit |
| Feb. 5 | Purchase | 20 | units | @ | $16 | per unit |
| Feb. 8 | Sale | 12 | units | |||
| Feb. 21 | Purchase | 12 | units | @ | $18 | per unit |
| Feb. 25 | Sale | 14 | units |
Answer the following questions for Tony Merchandise Company:
- Calculate the dollar ending inventory if first in, first out (FIFO) is used.
- Calculate the cost of goods sold if LIFO is used.
- Calculate the dollar ending inventory if weighted average is used.
Posted in Uncategorized 
Free revisions
Free title page
Free Bibliography and Reference Pages
Free Formatting (APA, MLA, Chicago, Harvard and Others)