Exercise 8-12 Vaughn Company was formed on December 1, 2016. The following information is available...
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Exercise 8-12 Vaughn Company was formed on December 1, 2016. The following information is available from Vaughn's inventory records for Product BAP Units Unit Cost January 1, 2017 (beginning inventory) Purchases: 678 $6.00 January 5, 2017 January 25, 2017 February 16, 2017 March 26, 2017 1,356 1,469 904 678 7.00 8.00 9.00 10.00 dy A physical inventory on March 31, 2017, shows 1,808 units on hand. Prepare schedule to compute the ending inventory at March 31, 2017, under FIFO inventory method. VAUGHN COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2017 Units Unit Cost Total Cost LINK TO TEXT Prepare schedule to compute the ending inventory at March 31, 2017, under LIFO inventory method VAUGHN COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2017 Units dy Unit Cost Total Cost LINK TO TEXT Calculate average-cost per unit. (Round answer to 2 decimal places, e.q. 2.76) Weighted average-cost per unit LINK TO TEXT | Compute the ending inventory at March 31, 2017, under Weighted-average inventory method. (Round answer to o decimal places, e.g. 2,760.) Weighted-Average Ending Inventory at March 31, 2017 LINK TO TEXT
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