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(1) Average cost method iperiodic) - Note Use the result EXACTLY as displayed above in the calculations below -Note, Do not use negative signs w
(1) Average cost method iperiodic) - Note Use the result EXACTLY as displayed above in the calculations below -Note, Do not use negative signs w th any of your answert. - Noter Round your final answers to the nearest whole dollar. (2) Fifo) Method (period ic) -Note. Do not use negative sizens with any of your answerf: Undew lnes utventony records showed the following data for an iterdi it sellis regularly. (1) tifo) Wrthed iperindic) -Note bo not ine negative signs with any of your atriwert. a. Assuming that Undew maintains a periodic inventory sysem, compute ending ittentory and cost of goods sold for the month ending January 31 using (1) average tost, t21 F1FO, and (B) UFO b. Astiming that Undew nuentain a peipetual inventory system, compute ending inventory and cost of goods sold for the morth ending fanuary 31 using (t) moving werage, (2) FifO and (3) LiFo (1) Mowire haverage (perpietion) -Note Erket the answers for unit cost in dollars and cents, rounded to the nearest panny. Uhe the rounded amounts for later caliculaticns. NNote: Do not use negatve sims with any of yeur antivers
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