1- Chapter 6 HW Saved LURL L ILLUUU wuriy pu u Jurca u US V PIVUUL Units Acquired at Cost 205 units $13.00 - $2,665 Units sold at Retail Date Activities Jan. 1 Beginning inventory Jan 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals 140 units @ $12.00 - 1,680 165 units @ $22.00 145 units @ $22.00 $11.50 310 units 655 units 3.565 $7,910 310 units Book Required: The Company uses a periodic inventory system. For specific identification, ending inventory consists of 345 units, where 310 are from the January 30 purchase, 5 are from the January 20 purchase, and 30 are from beginning inventory. Determine the cost assigned to ending inventory and to cost of goods sold using a specific identification. (b) weighted average, I FIFO, and ( LIFO. Complete this questions by entering your answers in the below tabs. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. c) FIFO Cost of Goods Available for Sale Cost of Goods Cost of Goods Sold Ending Inventory of units #of units Cost per Cost olin ending Cost Ending sold unit Goods Sold Inventory per unit Inventory of units of units Cost per cost of Goods unit Available for Sale 205 13.00 5 2,665 Cost Beginning inventory Purchases Jan 20 140 1200 1680 Jan 30 11.50 3.565 Total 7.910