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Exercise 8-15 Bridgeport Corporation is a multi-product firm. The following information concerns one of its products,...

Exercise 8-15

Bridgeport Corporation is a multi-product firm. The following information concerns one of its products, the Trinton:
Date Transaction Quantity Price/
Cost
Jan. 1 Beginning inventory 2,000 $13
Feb. 4 Purchase 2,860 20
Feb. 20 Sale 3,210 28
Apr. 2 Purchase 3,740 22
Nov. 4 Sale 3,300 36

Calculate cost of goods sold, assuming Bridgeport uses a periodic inventory system and FIFO cost formula.

Cost of goods sold $

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Calculate cost of goods sold, assuming Bridgeport uses a periodic inventory system and weighted average cost formula. (Round weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.)
Cost of goods sold $

LINK TO TEXT

LINK TO TEXT

Calculate cost of goods sold, assuming Bridgeport uses a perpetual inventory system and moving-average cost formula. (Round weighted average cost per unit to 2 decimal places, e.g. 52.75 and final answer to 0 decimal places, e.g. 5,275.)
Cost of goods sold $

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