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1 Seminole Company began the year with 22,500 units of product in its January 1 inventory costing $15.50 each. It made purchases of its product

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1 Seminole Company began the year with 22,500 units of product in its January 1 inventory costing $15.50 each. It made purchases of its product during the year as follows. The company uses a periodic Inventory system. On December 31, a physical count reveals that 40,000 units of its product remain in Inventory Mar. 733,000 units 61.50 each May 25 35,000 units $22.50 each Aug. 25,000 wita ! $24.50 each Nov. 10 35.500 units $27.00 och Required: 1. Compute the number and total cost of the units available for sale during the year 2. Compute the amounts assigned to ending inventory and the cost of goods sold using (0) FIFO, (LIFO, and weighted average 20 1. Compute the number and total cost of the units available for sale during the year. 2. Compute the amounts assigned to ending Inventory and the cost of goods sold using (6) FIFO, (6) LIFO, and (c) weighted average 1 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the number and total cost of the units available for sale during the year. units Total units available for sale Total cost of units available for sale Required 2 > Exam Help Save Submit 1. Compute the number and total cost of the units available for sale during the year. 2. Compute the amounts assigned to ending inventory and the cost of goods sold using (FIFO, (LIFO, and to weighted average. 1 Complete this question by entering your answers in the tabs below. Required Required 2 Compute the amounts assigned to ending Inventory and the cost of goods sold uning (0) FIFO (6) LIFO, and (c) weighted Hverage (Do not round Intermediate calculation Round the final anwento a whole dolar) D) LIFO Beto Weighted Portal Toto of universal Lessendo vertory Cost of us sold (Required 1

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