Compute the cost assigned to ending inventory using FIFO. Perpetual LIFO Compute the cost assigned to ending
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Question:
Compute the cost assigned to ending inventory using FIFO.
Perpetual LIFO
Compute the cost assigned to ending inventory using LIFO.
Weighted Average
Compute the cost assigned to ending inventory using weighted average. (Round your average cost per unit to 2 decimal places.)
Specific ID
Compute the cost assigned to ending inventory using specific identification. For specific identification, the March 9 sale consisted of 100 units from beginning inventory and 230 units from the March 5 purchase; the March 29 sale consisted of 80 units from the March 18 purchase and 120 units from the March 25 purchase.
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