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1 PROBLEM 1 3pts Roberto Company had the folowing inventory information availatie for the month of SepletyJ UNITS UNT COST TOTAL COST Sept. 1 Inventory

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1 PROBLEM 1 3pts Roberto Company had the folowing inventory information availatie for the month of SepletyJ UNITS UNT COST TOTAL COST Sept. 1 Inventory -300-5-2001- 600. Sept. 6 Purchase 600 220 1,320 Sept. 11 Purchase400$ 2.25 900 Sept 19 Purchase200 2.35 470 Sept 25 Purchase 500 $ 2.50 s 1.2s0 At the end of September, Roberto counted si left in inventory. Roberto Uses the periodic inventory system we seup1100 UNIT 3) Using FIFO, show calculations to find the a) Cost of Goods Sold b) Ending Inventory 1 Sef 25 seft 235 4) Using LIFO, show calculations to find the a) Cost of Goods Sold b) Ending Inventory Sep 2. 2 Ih -set 12 50 2. 5 25-sef 3290 5) Using Average costing, show calculations to find the a) Cost of Goods Sokd b) Ending Inventory

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