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2. With the following information, calculate the ending inventory and COGS and gross profit under FIFO, LIFO and weighted average under the periodic inventory system
2. With the following information, calculate the ending inventory and COGS and gross profit under FIFO, LIFO and weighted average under the periodic inventory system Beginning inventory 150 @ 334 Purchase 280 @ 34 Sale 150 @ 50 Sale 140 @ 50- Purchase 120 @ 32 Sale 80 @ 504 Purchase 90 @ 36 Sale 70 @ 50 FIFO LIFO Weighted Average Ending Inventory COGS Gross Profit Use the information above and complete the worksheet for perpetual inventory system, assuming weighted averaget Purchasese Unit coste COGS Unit coste Inventory Unit coste Qtye Totale Qtye Totale Qtye Totale LLLLLLLLL |||||||| tttt LLLL |||||||| 1. T. 1. Lt titt ttt ttttt ttt
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