Need Help on Two Accounting Questions!

[crazy1412]

I need help on these two accounting questions!They're the only two im having trouble with

Please post how you did it along with the answer so then i can figure out what i was doing wrong!

Here is the first Question:
tinypic.com/r/15reidt/6

Here is the second Question:
tinypic.com/r/3134nra/6

 

[bklynboy]

There is no link or attachment.

 

[geekgirl]

April 17, 49 units sold (10units x $10 + 22units x$13 +17units x$13) = $728.00
Inventory balance is 5 units @$13
Sep 28, 42 units sold (5units X $13 +37 units x $17) = $694
Inventory balance is 20 units @$17
Nov 3, 16 units sold (16 units x $17) = $272
Inventory balance is 4 units @ $17

Total COGS for the year = $728 + $694 + $272 = $1,238

 

[Triest123]

I need help on these two accounting questions!They're the only two im having trouble with

Please post how you did it along with the answer so then i can figure out what i was doing wrong!

Here is the first Question:
tinypic.com/r/15reidt/6

Here is the second Question:
tinypic.com/r/3134nra/6

The first Question (a):
Purchase from CCC 270 $4,590 270 $4,590
Sales to QQQ co (130) $(2,210) 140 $2,380
Sales to TTT co (90) $(1,530) 50 $850
Purchase from BBB 150 $2,100 200 $2,950
Sales to YYY co (140) $2,065 60 $885


b) total costs $2,050

c) Specific Average
Identification Costs FIFO
Inventory balance before sale to YYY $2,950 $2,950 $2,950
COGS on sale to YYY $(2,050) $(2,065) $(2,110)
Closing inventory Balance $900 $885 $840

 

[Triest123]

April 17, 49 units sold (10units x $10 + 22units x$13 +17units x$13) = $728.00
Inventory balance is 5 units @$13
Sep 28, 42 units sold (5units X $13 +37 units x $17) = $694
Inventory balance is 20 units @$17
Nov 3, 16 units sold (16 units x $17) = $272
Inventory balance is 4 units @ $17

Total COGS for the year = $728 + $694 + $272 = $1,238

April 17, 49 units sold (10units x $10 + 22units x$13 +17units x$13) = $607.00
Inventory balance is 5 units @$13
Sep 28, 42 units sold (5units X $13 +37 units x $17) = $694
Inventory balance is 20 units @$17
Nov 3, 16 units sold (16 units x $17) = $272
Inventory balance is 4 units @ $17

Total COGS for the year = $607 + $694 + $272 = $1,573