An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost – Column K – will be graded.
1.
Aor. 3 25 $1,200 30,000$
8
11
30
May 8
10
19
28
June 5
16
21
28
30 Balances
2.
3.
Answers are entered in the cells with gray backgrounds.
Problem 7-2B
Name:
Section:
0%
[Key code here]
Total
Cost
Quantity
Unit
Cost
Inventory
Instructions
Unit
Cost
Gross profit
Quantity
Total sales
Total cost of goods sold
Quantity
Cost of Merchandise Sold
Unit
Cost
Total
Cost
Total
Cost
Score:
Key Code:
Date
Purchases
Cells with non-gray backgrounds are protected and cannot be edited.
Ending inventory cost
1.
Aor. 3 25 $1,200 30,000$
875 $1,240 93,000$ 25 $1,200 30,000$
75 $1,240 93,000
2.
525,250$
Date
Purchases
Cost of Merchandise Sold
Inventory
Quantity
Unit
Cost
Unit
Cost
Total
Cost
Quantity
Unit
Cost
Total
Cost
Quantity
Problem 7-2B
Name:
Solution
Section:
Total
Cost
Total sales
Cells with non-gray backgrounds are protected and cannot be edited.
An asterisk (*) will appear to the right of an incorrect entry. In part 1, only final inventory cost – Column K – will be graded.
Scoring:
Instructions
Answers are entered in the cells with gray backgrounds.
ON