Group 1:

1 Achmad Ardanu 2008694029

2 Dzikrilla Sarla Maulani 2008694006
3 Mirta Hamidah 2008694003
4 Muhammad Fauzan Abimanyu Subekti 2008694042
5 Muhammad Sholikhul Huda 2008694067
 PT Duta Kencana
LIFO Perpetual Inventory
For April 2016

Purchases Cost of Merchandise Sold

Date
Quantity Unit Cost Total Cost Quantity

April 3
8 75 Rp 1,240,000.00 Rp 93,000,000.00

11 40

30 30

30 Balances 70

PT Duta Kencana
LIFO Perpetual Inventory
For May 2016

Purchases Cost of Merchandise Sold

Date
Quantity Unit Cost Total Cost Quantity
May 1

8 60 Rp 1,260,000.00 Rp 75,600,000.00

10 50

19 10
5
5
28 80 Rp 1,260,000.00 Rp 100,800,000.00

31 Balances 70

PT Duta Kencana
LIFO Perpetual Inventory
For June 2016

Purchases Cost of Merchandise Sold

Date
Quantity Unit Cost Total Cost Quantity
June 1

5 40

16 25

21 35 Rp 1,264,000.00 Rp 44,240,000.00

28 35
9
30 Balances 109
 PT Duta Kencana
LIFO Perpetual Inventory
For April 2016

Cost of Merchandise Sold Inventory

Unit Cost Total Cost Quantity Unit Cost Total Cost

25 Rp 1,200,000.00 Rp 30,000,000.00
25 Rp 1,200,000.00 Rp 30,000,000.00
75 Rp 1,240,000.00 Rp 93,000,000.00
Rp 1,240,000.00 Rp 49,600,000.00 25 Rp 1,200,000.00 Rp 30,000,000.00
35 Rp 1,240,000.00 Rp 43,400,000.00
Rp 1,240,000.00 Rp 37,200,000.00 25 Rp 1,200,000.00 Rp 30,000,000.00
5 Rp 1,240,000.00 Rp 6,200,000.00
Rp 86,800,000.00 Rp 36,200,000.00

PT Duta Kencana
LIFO Perpetual Inventory
For May 2016

Cost of Merchandise Sold Inventory

Unit Cost Total Cost Quantity Unit Cost Total Cost
25 Rp 1,200,000.00 Rp 30,000,000.00
5 Rp 1,240,000.00 Rp 6,200,000.00
25 Rp 1,200,000.00 Rp 30,000,000.00
5 Rp 1,240,000.00 Rp 6,200,000.00
60 Rp 1,260,000.00 Rp 75,600,000.00
Rp 1,260,000.00 Rp 63,000,000.00 25 Rp 1,200,000.00 Rp 30,000,000.00
5 Rp 1,240,000.00 Rp 6,200,000.00
10 Rp 1,260,000.00 Rp 12,600,000.00
Rp 1,260,000.00 Rp 12,600,000.00 20 Rp 1,200,000.00 Rp 24,000,000.00
Rp 1,240,000.00 Rp 6,200,000.00
Rp 1,200,000.00 Rp 6,000,000.00
20 Rp 1,200,000.00 Rp 24,000,000.00
80 Rp 1,260,000.00 Rp 100,800,000.00
Rp 87,800,000.00 Rp 124,800,000.00

PT Duta Kencana
LIFO Perpetual Inventory
For June 2016

Cost of Merchandise Sold Inventory

Unit Cost Total Cost Quantity Unit Cost Total Cost
 20 Rp 1,200,000.00 Rp 24,000,000.00
80 Rp 1,260,000.00 Rp 100,800,000.00
Rp 1,260,000.00 Rp 50,400,000.00 20 Rp 1,200,000.00 Rp 24,000,000.00
40 Rp 1,260,000.00 Rp 50,400,000.00
Rp 1,260,000.00 Rp 31,500,000.00 20 Rp 1,200,000.00 Rp 24,000,000.00
15 Rp 1,260,000.00 Rp 18,900,000.00
20 Rp 1,200,000.00 Rp 24,000,000.00
15 Rp 1,260,000.00 Rp 18,900,000.00
35 Rp 1,264,000.00 Rp 44,240,000.00
Rp 1,264,000.00 Rp 44,240,000.00 20 Rp 1,200,000.00 Rp 24,000,000.00
Rp 1,260,000.00 Rp 11,340,000.00 6 Rp 1,260,000.00 Rp 7,560,000.00
Rp 137,480,000.00 Rp 31,560,000.00
 SALES
Date Transaction Quantity Per Unit
Apr 11 Sale 40 Rp 2,000,000
30 Sale 30 Rp 2,000,000

Balance 70

Date Transaction Quantity Per Unit

May 10 Sale 50 Rp 2,000,000
19 Sale 20 Rp 2,000,000

Balance 70

Date Transaction Quantity Per Unit

June 5 Sale 40 Rp 2,250,000
16 Sale 25 Rp 2,250,000
28 Sale 44 Rp 2,250,000

Balance 109

Unit of Sales unit Total Sales amount

April 70 April Rp 140,000,000
May 70 May Rp 140,000,000
June 109 June Rp 245,250,000
Total Unit 249 Amount of Sales Rp 525,250,000

COST OF MERCHANDISE
Date Transaction Quantity Per Unit
Apr 11 Sale 25 Rp 1,200,000
15 Rp 1,240,000
30 Sale 30 Rp 1,240,000

Balance 70

Date Transaction Quantity Per Unit

May 10 Sale 30 Rp 1,240,000
20 Rp 1,260,000
19 Sale 20 Rp 1,260,000

Balance 70

Date Transaction Quantity Per Unit

June 5 Sale 40 Rp 1,260,000
 16 Sale 25 Rp 1,260,000
28 Sale 35 Rp 1,260,000
9 Rp 1,264,000

Balance 109

Unit of Sales Unit Total Sales Amount

April 70 April Rp 85,800,000
May 70 May Rp 87,600,000
June 109 June Rp 137,376,000
Total Unit 249 Cost of Merch. Sol Rp 310,776,000

GROSS PROFIT
PT Duta Kencana
Income Statement
For the month ended 30 April 2016
Net Sales Rp 140,000,000
Less
Cost of Merchandise Sold Rp 85,800,000
Gross profit Rp 54,200,000

PT Duta Kencana
Income Statement
For the month ended 31 May 2016
Net Sales Rp 140,000,000
Less
Cost of Merchandise Sold Rp 87,600,000
Gross profit Rp 52,400,000

PT Duta Kencana
Income Statement
For the month ended 30 June 2016
Net Sales Rp 245,250,000
Less
Cost of Merchandise Sold Rp 137,376,000
Gross profit Rp 107,874,000
 Total
Rp 80,000,000
Rp 60,000,000

Rp 140,000,000

Total
Rp 100,000,000
Rp 40,000,000

Rp 140,000,000

Total
Rp 90,000,000
Rp 56,250,000
Rp 99,000,000

Rp 245,250,000

Total
Rp 30,000,000
Rp 18,600,000
Rp 37,200,000

Rp 85,800,000

Total
Rp 37,200,000
Rp 25,200,000
Rp 25,200,000

Rp 87,600,000

Total
Rp 50,400,000
Rp 31,500,000
Rp 44,100,000
Rp 11,376,000

Rp 137,376,000
 Dunne Co.
Ending Inventory Cost
June 30, 2014
Date Quantity Unit Cost Total Cost
June 30 20 Rp.1.200.000,00 Rp.24.000.000,00
6 Rp.1.260.000,00 Rp.7.560.000
Ending Inventory Cost : Rp.31.560.000,00
1. First - in ,First Out Method
Merchandise Inventory, June 30,2016
Cost of merchandise sold

Supporting computations
Merchandise inventory
26 units @ 1,264

Cost of merchandise sold

Beginning inventory,April 1 ,2016
Purchases
Merchandise available for sale
Less ending inventory, June 30, 2016
Cost of merchandise sold
 32,864
310,776

32,864

30,000
313,640
343,640
32,864
310,776
 Weighted Average Cost Method
Merchandise Inventory, June 30, 2016 $ 32,500
Cost Of Merchandise Sold $ 311,140

Weighted Average Unit Cost = Total Cost of Merchandise Available for Sale
Units Available for Sale
= $ 343,640
275
= $ 1,250 per unit (rouded)

Mechandise Inventory = 26 units x $ 1,250

= $ 32,500

Cost of Merchandise Sold:

Beginning Inventory, April 1, 2016 $ 30,000
Purchases 313640
Merchandise Available for Sale $ 343,640
Less ending inventory, June 30, 2016 32500
Cost Of Merchandise Sold $ 311,140
 FIFO Weighted Average
Sales $ 525,250 $ 525,250
Cost Of Merchandise Sold 310776 311140
Gross Profit $ 214,474 $ 214,110

Inventory, June 30, 2016 $ 32,864 $ 32,500