1. The following inventory information is available for 3Play, Inc for the current year: Jan. 1 Apr. 15 Jul. 25 Nov. 16 Beginning Inventory Purchase Purchase Purchase Total Available for Sale Units Sold Ending Inventory (Units) Units 900 800 600 1,000 Goods Available Ending Inventory Cost of Sales 3,300 Specific Identification 2,200 1,100 Answers: SHOW ALL ANSWERS IN DOLLARS!!!!! Cost $10.00 $10.50 $10.60 $10.75 FIFO For purposes of identification the actual units sold were as follows: all of the beginning inventory, 300 units from the April 15 purchase, all of the July 25 purchase and 400 units from the November 16 purchase. Total Cost Required: Calculate Goods Available, Ending Inventory and Cost of Goods Sold using the Specific Identification, FIFO, LIFO and Weighted Average Methods. Round your answers to the nearest dollar. $ 9,000 $ 8,400 LIFO $ 6,360 $ 10,750 $ 34,510 Weighted Average

1. The following inventory information is available for 3 Play, Inc for the current year: For purposes of identification the actual units sold were as follows: all of the beginning inventory, 300 units from the April 15 purchase, all of the July 25 purchase and 400 units from the November 16 purchase. Required: Calculate Goods Available, Ending Inventory and Cost of Goods Sold using the Specific Identification, FIFO, LIFO and Weighted Average Methods. Round your answers to the nearest dollar. Answers: SHOW ALL ANSWERS IN DOLLARS