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Posted on Jul 17, 2024

1. Compute the cost assigned to ending inventory using FIFO. 2. Compute the cost assigned to ending inventory using LIFO, 3. Compute the cost assigned

1. Compute the cost assigned to ending inventory using FIFO. 2. Compute the cost assigned to ending inventory using LIFO, 3. Compute the cost assigned to ending inventory using Weighted Average. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 es Compute the cost assigned to ending inventory using FIFO. Periodic FIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Date # of units Cost per unit Cost of Goods Available for Sale # of units sold Cost per unit Cost of Goods Sold # of units in ending Inventory Cost per unit Ending Inventory $ 0 100 $ 400 $ 50.00 $ 55.00 5.000 22,000 March 1 March 5 March 18 March 25 Total 0.00 $ 0.00 5 100 $ 4001 s 1201 s 2001 $ 820 50.00 $ 55.00 60.00 62.00 $ 5,000 22,000 7,200 12.400 46.600 0 0 0 12.400 12,400 62.00 0 $ 27.000 200 $ 200 500 $ Nagu Required 2 > 1. Compute the cost assigned to ending inventory using FIFO. 2. Compute the cost assigned to ending inventory using LIFO. 3. Compute the cost assigned to ending inventory using Weighted Average. Complete this question by entering your answers in the tabs below. -BOOK Required 1 Required 2 Required 3 erences Compute the cost assigned to ending inventory using UFO Periodic LIFO Cost of Goods Sold Date # of units sold Cost per unit Cost of Goods Sold Cost of Goods Available for Sale Cost of Cost per Goods #of units unit Available for Sale 100 $ 50.00 $ 5,000 400 $ 55.00 22.000 1201 s 60.00 7.200 2001 s 62.00 12.400 820 $ 48.600 Ending Inventory # of units in Cost per Ending ending unit Inventory Inventory 100 s 50.00 $ 5,000 March 1 March 5 March 18 March 25 Total 1201 $ 2001 $ 320 60.00 62.00 7,200 12400 19,600 $ 100 $ 5,000 (Required 1 Required 3 > 1. Compute the cost assigned to ending inventory using FIFO, 2. Compute the cost assigned to ending inventory using LIFO. 3. Compute the cost assigned to ending inventory using Weighted Average. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the cost assigned to ending inventory using Weighted Average. (Round average cost per unit to 2 decimal places.) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Date Average Cost of Goods # of units Cost per Available for unit Sale # of units sold Average Cost per Unit Cost of Goods Sold #of units Average in ending Cost per inventory unit Ending Inventory March 1 March 5 March 18 March 25 Total 100 400 120 200 820 $ 5,000.00 $ 22,000.00 $ 7,200.00 $ 12.400.00 $ 46,600.00 $ 0 $ 0 1. Compute the cost assigned to ending inventory using FIFO. 2. Compute the cost assigned to ending inventory using LIFO. 3. Compute the cost assigned to ending inventory using Weighted Average. Complete this question by entering your answers in the tabs below. -BOOK Required 1 Required 2 Required 3 erences Compute the cost assigned to ending inventory using UFO Periodic LIFO Cost of Goods Sold Date # of units sold Cost per unit Cost of Goods Sold Cost of Goods Available for Sale Cost of Cost per Goods #of units unit Available for Sale 100 $ 50.00 $ 5,000 400 $ 55.00 22.000 1201 s 60.00 7.200 2001 s 62.00 12.400 820 $ 48.600 Ending Inventory # of units in Cost per Ending ending unit Inventory Inventory 100 s 50.00 $ 5,000 March 1 March 5 March 18 March 25 Total 1201 $ 2001 $ 320 60.00 62.00 7,200 12400 19,600 $ 100 $ 5,000 (Required 1 Required 3 > 1. Compute the cost assigned to ending inventory using FIFO, 2. Compute the cost assigned to ending inventory using LIFO. 3. Compute the cost assigned to ending inventory using Weighted Average. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the cost assigned to ending inventory using Weighted Average. (Round average cost per unit to 2 decimal places.) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Date Average Cost of Goods # of units Cost per Available for unit Sale # of units sold Average Cost per Unit Cost of Goods Sold #of units Average in ending Cost per inventory unit Ending Inventory March 1 March 5 March 18 March 25 Total 100 400 120 200 820 $ 5,000.00 $ 22,000.00 $ 7,200.00 $ 12.400.00 $ 46,600.00 $ 0 $ 0