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Bitti ch5exercises-SENTTOSTUDENTS.... O The management of Tudor Company asks your help to calculate thJane followings under FIFO method. For 2016, the accounting records provide the data shown below: Inventory, January 1 (10.000units) 35.000TL/10.000 3,5 Cost of 120.000 units purchased 501.000TL Selling Price of 125.000 units sold 665.000TL General and Administrative Expenses 100.000TL Selling&Marketing Expenses 30.000TL Units purchased consisted of 40.000 units at 4TL on May 10,60.000 units at 4.2TL on August 15 and 20.000 units at 4.45TL on November 20. Units sold consisted of 45.000 units sold on June 10 20.000 units sold on August 30; 60.000 units sold on December 15. Required: Please fill the inventory card given below and answer the following questions accordingly(Round your answers to nearest TL amount for the last 2 digits) Purchase Date Quantity Unit Coll COGS Late; Instalar 0:00 10.000235-35.000 May 100.000 300- 10.000 15-35.000 10-10 TOTALCOS 17. 3.000 S.X400 June 10 5.000X1000 150X300 TOTALCOS- Nov 20 344 4X4-100 04.45 49.000 X 42- 15.000 445-6.750 TOTAL COC256758 441 DA 15 a. What is the ending inventory value? 22.250 b. What is COGS? 175.000 +83.000 255.750 - c. What is Net Operating Income? HW d. What is the inventory turnover ratio? HW The management of Tudor Company asks your help to calculate the followings under Weighted Average method. For 2016, the accounting records provide the data shown below. Inventory, January 1 (10.000 units) 35.000TL Cost of 120.000 units purchased 301.000TL Selling Price of 125.000 units sold 665.000TL General and Administrative Expenses 100.000TL Selling&Marketing Expenses 30.000TL Units purchased consisted of 40.000 units at 4TL on May 10, 60.000 units at 4 units at 4.45TL on TOTALCOGS-255.750 De 15 0.0001 44-29 a. What is the ending inventory value? 22.250 b. What is COGS? 175.000 +83.000 +255.750 = c. What is Net Operating Income? HW d. What is the inventory turnover ratio? HW The management of Tudor Company asks your help to calculate the followings under Weighted Average method. For 2016, the accounting records provide the data shown below: Inventory, January 1 (10.000units) 35.000TL Cost of 120.000 units purchased 501.000TL Selling Price of 125.000 units sold 665.000TL General and Administrative Expenses 100.000TL Selling&Marketing Expenses 30.000TL Units purchased consisted of 40.000 units at 4TL on May 10; 60.000 units at 4.2TL on August 15; and 20.000 units at 4.45TL on November 20. Units sold consisted of 45.000 units sold on June 10; 20.000 units sold on August 30; 60.000 units sold on December 15. Required: Please fill the inventory card given below and answer the following questions accordingly (Round your answers to nearest TL amount for the last 2 digits). Purchase Data ni CCOGS Ending Investors a. What is the ending inventory value? b. What is COGS? c. What is Net Operating Income? d. What is the inventory turnover ratio

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