cascade inc completed the following inventory transactions during the month of septe 494518
First assignment
- Prepare a perpetual inventory record using FIFO.
- Prepare a perpetual inventory record using LIFO.
- Prepare a perpetual inventory record using average cost
Second assignment
- Estimate the August 31 inventory using the gross profit method.
- Prepare the August income statement through gross profit for Whitewater Co.
- Calculate the Inventory Turnover Ratio for Whitewater for years 2009 and 2010.
- Provide a reason why the Inventory Turnover has changed from the previous year
9/1/2010 25 80 9/4/2010 40 78 9/12/2010 52 9/22/2010 30 77 9/30/2010 22 1 2 3 Date Requirements: Purchases Cost of Goods Sold Inventory on Hand Quantity Unit Cost Total Cost Cascade Inc. completed the following inventory transactions during the month of September: Item Balance Purchase Sale Prepare a perpetual inventory record using FIFO Prepare a perpetual inventory record using LIFO Prepare a perpetual inventory record using average cost Module 8 Assignment: ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
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