Question

using the specific identification method, find the cost of goods sold given the following data. january 1 inventory 297 cheese garters purchased at $7 per unit cost with the ending inventory of 112. February 1 inventory 100 cheese grater purchased at $6 per unit cost with the ending inventory of 29. March 1 inventory 200 cheese grater purchased at $9 per unit cost with the ending inventory of 46


$4,479.00

$3,107.00

$600.00

$1,800.00​

Answer 1

1st deal-297 - 112 = 185

185 × 7 = 1295

2nd deal-100 - 29 = 71

71 × 6 =426

3rd deal-200 - 46 = 154

154 × 9 = 1386

Total purchase amount=

1295 + 426 + 1386 = 3107

So the answer is 3107.00...

hope this helped.thanks

Answer 2

Answer:

1. 30 percent

2. 211.60

3. 1.61

4. 420.00

5.10,333.33

6. 40,000

7. 3,107.00

8. 8,000

9. 2.5

10 40,000

Explanation: