2 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January. Sales totaled 320 units. 3 points eBook Hint Print References Beginning Inventory Purchase Purchase Required 1 Date January 1 January 15 January 24 Required 2 Required: 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory. 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. Complete this question by entering your answers in the tabs below. FIFO LIFO Weighted Average Cost Units 260 420 220 Required 3 Cost of Ending Inventory Unit Cost $ 85 95 115 Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. Cost of Goods Sold Total Cost $ 22,100 39,900 25,300

Oahu Kiki tracks the number of units purchased and sold througheut each occounting penod but apples its inventory costing method at the end of each month, as it it uses a periodic inventory system. Assume Oahu Kikis records show the following for the month of tanien: Sales tortaled 320 inits. Pequired: L. Calculate the number and cost of goods avalable for sale. 2. Calculate the number of units in ending inventory 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FFO, P) UFO, and (c) weighted average cost methods. Complete this question by entering your answers in the tabs below. Calculate the cost of ending inventery and cost of goods sold using the (o) FIFO, (b) UFO, and (C) welghted average cont. metheds