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ook ences Sport Box sells a wide variety of sporting equipment. The following is information...

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Accounting

ook ences Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130. Description Mar. 1 Beginning Inventory Mar. 3 Purchase Mar. 6 Purchase Mar. 17 Sale Mar. 23 Purchase Mar. 31 Sale Units 30 75 125 70

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80 170 1. FIFO 2. Moving weighted average Unit Cost $ 55 $ 60 $65 Cost of Goods Sold $65 Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods. (Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.) Check m Ending Inventory

Sport Box sells a wide variety of sporting equipment. The following is information on the purchases and sales of their top selling hockey stick. The hockey stick sells for $130. Required: Calculate the cost of goods sold and ending inventory under the perpetual inventory system using the following methods (Do not round your "Unit Cost" answers. Round all other intermediate and final answers to nearest whole dollar.)

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