11:03 Back POOLE COMPANY.doc PERIODIC INVENTORY SYSTEM (Questions 2-7) Poole Company uses the periodic inventory system. During April, Poole Company sold 900 units of its product and had 300 units left in ending inventory. Beginning inventory and purchases during the month were as follows: 4/1 Beg. Inv. Purchases 4/5 4/10 Purchases 4/15 Purchases 4/20 Purchases 4/25 Purchases 200 units $2 $4 200 units 200 units @ $6 200 units @S8 200 units @ $10 200 units @ $12 Dashboard Calendar To Do Notifications Inbox 11:03 Take Quiz Exit Question 2 1 pts Using the attached inventory information for Poole Company, compute ending inventory using the FIFO method. $5,000 $3,400 $7,600 $800 Question 3 1 pts Using the attached inventory information for Poole Company, compute cost of merchandise sold using the FIFO method. O $5,000 O$3,400 $7,600 O $800 11:03 Take Quiz Exit D Question 4 1 pts Using the attached inventory information for Poole Company, compute ending inventory using the LIFO method. $5,000 O $3,400 O $7,600 $800 D Question 5 1 pts Using the attached inventory information for Poole Company, compute cost of merchandise sold using the LIFO method. $5,000 $3,400 $7,600 O $800 11:03 1 Take Quiz Exit D Question 6 1 pts Using the attached inventory information for Poole Company, compute ending inventory using the weighted average cost method. O $6,300 O $2,100 $4,500 $7,200 Question 7 1 pts Using the attached inventory information for Poole Company, compute cost of merchandise sold using the weighted average cost method. $6,300 $2,100 $4,500 O $7,200