36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Transaction Beginning inventory...
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36. Inventory records for DAD Incorporated revealed the following: Date Apr. 1 Transaction Beginning inventory Purchase Number of Units 50 450 Unit Cost $123.00 $130.00 Apr. 4 DAD sold 490 units of inventory during the month. Ending Inventory assuming LIFO would be $_ Chapter 6 Page 6-4 37. Inventory records for MOM Company revealed the following: Date Mar. 1 Mar. 6 Mar. 16 Mar 22 Transaction Beginning inventory Purchase Purchase Purba Purchase Number of Units 400 1,000 1,000 1,000 Unit Cost $70.00 $70.20 $71.00 $71.10 MOM sold 3,300 units of inventory during the month. Ending inventory assuming FIFO would be $ 38. Inventory records for STC Company revealed the following: Date Mar. 1 Mar. 3 Mar. 23 Transaction Beginning inventory Purchase Purchase Number of Units 50 800 150 Unit Cost $25.00 $25.25 $26.00 STC sold 975 units of inventory during the month. Ending inventory assuming Weighted Average
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