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3. (12 points) All-Pages Book Company reports the following inventory transactions during the current month. All-Pages uses the perpetual method for inventory. Number Unit Total
3. (12 points) All-Pages Book Company reports the following inventory transactions during the current month. All-Pages uses the perpetual method for inventory. Number Unit Total Date Dec. 1st Event of Units Cost Cost Beg. Inventory 800 $10 $8,000 8th Purchase 600 11 6,600 13th Purchase 300 12 3,600 15th Sale 1,100 24th Purchase 300 28th Purchase. 400 215 13 3,900 15 6,000 Dec.30th Sale 800 Required: Calculate Cost of Goods Sold and Ending Inventory using the Weighted Average, FIFO, and LIFO inventory costing methods. Fill in the following table with DOLLAR AMOUNTS SS: Ending Inventory Cost of Goods Sold Show work below: Weighted Ave. Cost FIFO LIFO
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