Scribd Logo
Upload

Welcome to Scribd!

  • 28 views

    Forum S11 Thread Soal Valuation of Inventories 1-FIFO, LIFO, and AVERAGE - Diaz Hesron Deo Simorangkir - 2602202526

    Uploaded by

    Diaz Hesron Deo Simorangkir
    This document contains 3 reports on the cost of goods sold (COGS) using different inventory costing methods - FIFO, LIFO, and Average. The FIFO report shows beginning inventory of 250 units at $10 per unit and purchases on April 15 and 23. The LIFO report reverses the purchase dates. The Average costing method calculates a weighted average unit cost of $11.85 based on the total cost and units. It then applies this average cost to calculate beginning and ending inventory values.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Forum S11 Thread Soal Valuation of Inventories 1-FIFO, LIFO, and AVERAGE - Diaz Hesron Deo Simorangkir - 2602202526

    Uploaded by

    Diaz Hesron Deo Simorangkir
    28 views2 pages
    This document contains 3 reports on the cost of goods sold (COGS) using different inventory costing methods - FIFO, LIFO, and Average. The FIFO report shows beginning inventory of 250 units at $10 per unit and purchases on April 15 and 23. The LIFO report reverses the purchase dates. The Average costing method calculates a weighted average unit cost of $11.85 based on the total cost and units. It then applies this average cost to calculate beginning and ending inventory values.

    Original Description:

    Original Title

    Forum S11 Thread Soal Valuation of Inventories 1-FIFO, LIFO, and AVERAGE_Diaz Hesron Deo Simorangkir_2602202526

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document contains 3 reports on the cost of goods sold (COGS) using different inventory costing methods - FIFO, LIFO, and Average. The FIFO report shows beginning inventory of 250 units at $10 per unit and purchases on April 15 and 23. The LIFO report reverses the purchase dates. The Average costing method calculates a weighted average unit cost of $11.85 based on the total cost and units. It then applies this average cost to calculate beginning and ending inventory values.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    28 views2 pages

    Forum S11 Thread Soal Valuation of Inventories 1-FIFO, LIFO, and AVERAGE - Diaz Hesron Deo Simorangkir - 2602202526

    Uploaded by

    Diaz Hesron Deo Simorangkir
    This document contains 3 reports on the cost of goods sold (COGS) using different inventory costing methods - FIFO, LIFO, and Average. The FIFO report shows beginning inventory of 250 units at $10 per unit and purchases on April 15 and 23. The LIFO report reverses the purchase dates. The Average costing method calculates a weighted average unit cost of $11.85 based on the total cost and units. It then applies this average cost to calculate beginning and ending inventory values.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 2

    Jose Amsterdam

    Laporan Laba-Rugi Komprehensif (FIFO)

    Per 30 April 20XX

    COGS Units Unit Cost Total Cost


    April 1, Inventory 250 $ 10 $ 2.500
    April 15, Purchase 350 $ 12 $ 4.200
    600 $ 6.700

    April 30, Ending Inventory


    April 15, Purchase 50 $ 12 $ 600
    April 23, Purchase 350 $ 13 $ 4.550
    400 $ 5.150

    Jose Amsterdam

    Laporan Laba-Rugi Komprehensif (LIFO)

    Per 30 April 20XX

    COGS Units Unit Cost Total Cost


    April 23, Purchase 350 $ 13 $ 4.550
    April 15, Purchase 250 $ 12 $ 3.000
    600 $ 7.550

    April 30, Ending Inventory


    April 15, Purchase 150 $ 12 $ 1.800
    April 1, Inventory 250 $ 10 $ 2.500
    400 $ 4.300

    Jose Amsterdam

    Laporan Laba-Rugi Komprehensif (Average)

    Per 30 April 20XX

    COGS Units Unit Cost Total Cost


    April 1, Inventory 250 $ 10 $ 2.500
    April 15, Purchase 400 $ 12 $ 4.800
    April 23, Purchase 350 $ 13 $ 4.550
    1.000 $ 11.850
    Average = Total cost : Units

    Average = $ 11.850 : 1.000

    Average = $ 11.85

    COGS Units Unit Cost Total Cost


    XXX, Beginning
    600 $ 11,85 $ 7.110
    Inventory
    600 $ 7.110

    COGS Units Unit Cost Total Cost


    April 30, Ending
    400 $ 11,85 $ 4.740
    Inventory
    400 $ 4.740

    Nama : Diaz Hesron Deo Simorangkir

    NIM : 2602202526

    Kelas : LGFA-LEC

    Mata Kuliah : Financial Accounting I

    Program Studi : S1 Akuntansi (D3-S1)

    Universitas : Universitas Bina Nusantara Online Learning

    You might also like