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Soal 3

Soal Bab 7

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Irsyad Ilham Dwi Febrian
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15 views2 pages

Soal 3

Soal Bab 7

Uploaded by

Irsyad Ilham Dwi Febrian
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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PR 7-1A FIFO perpetual inventory

The beginning inventory at Fani Party Supplies and data on purchases and sales three-month
period ending March 31, 2016, are as follows:
pict
Instructions
1. Record the inventory, purchases, and cost of merchandise sold data in a perpe
inventory record similar to the one illustrated in Exhibit 4, using the first-in, firs
method.
2. Determine the total sales and the total cost of merchandise sold for the pe Journalize
the entries in the sales and cost of merchandise sold accounts. Assume all sales were
on account.
3. Determine the gross profit from sales for the period.
4. Determine the ending inventory cost as of August 31, 2016.
5. Based upon the preceding data, would you expect the inventory using the weight
Average cost method to be higher or lower?

PR 7-1B FIFO perpetual inventory


The beginning ventory of merchandise at PT Duta Kencana and data on purchases and sales
for three-month period ending June 30, 2016, are as follows:
Pict
Instructions
1. Record the inventory, purchases, and out of merchandise sold data in a perpetual
inventory round similar to the one illustrated in Exhibit 5, using the first in, first-
method.
2. Determine the total sales and the total cost of merchandise sold for the pe Journalize
the entries in the sales and cost of merchandise sold accounts. Assume all sales were
on account.
3. Determine the go poft fra sales for the period
4. Determine the ending necey cost da June 2016.
5. Based upon the preceding data, wold you expect the inventory using the weighted
average cost method to be higher or lower? .

PR 7-2B LIFO Perpetual Inventory


The beginning ventory of merchandise at PT Duta Kencana and data on purchases and sales
for three-month period are sshown in Problem 7-1B.
Instructions
1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual
inventory record similar to the one illustrated in Exhibit 4, using the Last-in, First-out
method.
2. Determine the total sales, the total cost of merchandise sold, and the gross profit from
Sales for the period.
3. Determine the ending inventory cost as of June 30, 2016.

PR 7-3B Weighted average cost method with perpetual inventory.


The beginning ventory of merchandise at PT Duta Kencana and data on purchases and sales
for three-month period are sshown in Problem 7-1B.
Instructions
1. Record the inventory, purchases, and cost of merchandise sold data in a perpetual
inventory record similar to the one illustrated in Exhibit 4, using the Weighted
average cost method.
2. Determine the total sales, the total cost of merchandise sold, and the gross profit from
Sales for the period.
3. Determine the ending inventory cost as of June 30, 2016.

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