An asterisk (*) will appear to the right of an incorrect entry. Only final inventory cost – Column K – will be graded.
a.
Aug. 1 775 $44 34,100$
10
12
14
20
31
31 Balances
b.
Based on the above data, inventory will be
using the first-in, first out method.
Prepaid Cell Phones
Cost of Merchandise Sold
0%
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Cells with non-gray backgrounds are protected and cannot be edited.
Exercise 6-5
Name:
Section:
Date
Purchases
Inventory
Instructions
Quantity
Unit
Cost
Quantity
Unit
Cost
Quantity
Total
Cost
Unit
Cost
Total
Cost
Total
Cost
a.
Aug. 1 775 $44 34,100$
Date
Purchases
Cost of Merchandise Sold
Inventory
Quantity
Unit
Cost
Total
Cost
Unit
Cost
Total
Cost
Quantity
Unit
Cost
Total
Cost
Quantity
Exercise 6-5
Name:
Solution
Section:
ON
Prepaid Cell Phones
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry. Only final inventory cost – Column K – will be graded.
Scoring:
Instructions
Answers are entered in the cells with gray backgrounds.