Show transcribed image text Hw ⓘ ezto.mheducation.com/hm.tpx?-.0.825877755969458-1508880960820 value 8.00 points Ferris Company began 2016 with 5,000 units of its principal product. The cost of each unit is $6 Merchandise transactions for the month of January 2016 are as follows e of Purcha Jan. 10 Jan. 18 6,000 $7 5,000 $42,000 40,000 Totals 11,000 $82,000 Includes purchase price and cost of freight of Sale Units te Jan 5 Jan. 12 Jan. 20 3,000 3,000 4,000 Total 10,000 6,000 units were on hand at the end of the month Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives Cost of Goods Available for Sale Cost of Goods Sold Periodic FIFO Ending Inventory- Peria Cost of EIFQ # of units Cost per-Goods | # of units | | # of units | Cost per 1 Cost per Cost of in ending unit Cost of 1 unit Available for sold Sale unit Goods Sold inventory Begining Inventory5,005 600 30,0005.000 5 6.005 30.000 5,000 S 6.0030,000 500이$ 600130,000 6.00 January 10 January 18) 6.000$ 700 5000t s 800 16.000 5,000 S 700 $ 800 35.000 40,000 S 112.000 100이$ 700 5000 8.00 6.000 Total 10.000 S 65000 剛の 71°
Hw ⓘ ezto.mheducation.com/hm.tpx?-.0.825877755969458-1508880960820 value 8.00 points Ferris Company began 2016 with 5,000 units of its principal product. The cost of each unit is $6 Merchandise transactions for the month of January 2016 are as follows e of Purcha Jan. 10 Jan. 18 6,000 $7 5,000 $42,000 40,000 Totals 11,000 $82,000 Includes purchase price and cost of freight of Sale Units te Jan 5 Jan. 12 Jan. 20 3,000 3,000 4,000 Total 10,000 6,000 units were on hand at the end of the month Required: Calculate January's ending inventory and cost of goods sold for the month using each of the following alternatives Cost of Goods Available for Sale Cost of Goods Sold Periodic FIFO Ending Inventory- Peria Cost of EIFQ # of units Cost per-Goods | # of units | | # of units | Cost per 1 Cost per Cost of in ending unit Cost of 1 unit Available for sold Sale unit Goods Sold inventory Begining Inventory5,005 600 30,0005.000 5 6.005 30.000 5,000 S 6.0030,000 500이$ 600130,000 6.00 January 10 January 18) 6.000$ 700 5000t s 800 16.000 5,000 S 700 $ 800 35.000 40,000 S 112.000 100이$ 700 5000 8.00 6.000 Total 10.000 S 65000 剛の 71°





