Comprehension Problems CP 6‐1
Laplante Inc. uses the perpetual inventory system. The following
transactions took place during January 2019
Date

Units
Unit
Cost
Jan. 1 Opening Inventory 100 $1
7 Purchase #1 10 2
9 Sale #1 80
21 Purchase #2 20 3
24 Sale #2 40
Required: Using the table below, calculate cost of goods sold for the
January 9 and 24 sales, and ending inventory under the following
inventory cost flow assumptions:
1. FIFO
2. LIFO
2. Weighted average.
Purchased Sold Balance in Inventory
Date
Units
Unit
Cost
Total
$ Units
Unit
Cost
Total
$ Units
Unit
Cost
Total
$
Jan. 1 100 $1 $100
7
9
21
2

answer: if you weigh 60 pounds on earth, on the moon you will weigh about 10 pounds. if you weigh 120 pounds on earth, you will weigh about 20 pounds on the moon. since weight is caused by the mass of two objects that are near each other, the bigger the objects, the more the force of gravity.

step-by-step explanation: if you weigh 60 pounds on earth, on the moon you will weigh about 10 pounds. if you weigh 120 pounds on earth, you will weigh about 20 pounds on the moon. since weight is caused by the mass of two objects that are near each other, the bigger the objects, the more the force of gravity.

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