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3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO. (C) weighted average, and (d) specific identification. For specific identification, units sold

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3. Compute the cost assigned to ending inventory using (a) FIFO. (6) LIFO. (C) weighted average, and (d) specific identification. For specific identification, units sold consist of 620 units from beginning inventory, 280 from the February 10 purchase, 100 from the March 13 purchase, 120 from the August 21 purchase, and 185 from the September 5 purchase. Complete this question by entering your answers in the tabs below. Perpetual FIFO Perpetual LIFO Weighted Average Specific Id Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory # of units Cost per unit Cost of Goods Available for Sale # of units Cost per sold unit Cost of Goods Sold # of units in ending inventory Cost per unit Ending Inventory 620 $ 45.00 $ 27,000 0 $ 45.00 $ 0 380 100 $ 42.00 4,200 Beginning inventory Purchases: Feb 10 March 13 Aug 21 Sep 5 Total $ 42.00 $ 30.00 11,760 3,000 100 0 $ 30.00 0 170 $ 50.00 16,800 5,400 5,000 23,000 $ 77,200 280 $ 42.00 100 $ 30.00 120 $ 50.00 185 $ 46.00 685 6,000 8,510 50 $ 50.00 2150 $ 46.00 400 $ 46.00 2,500 9,890 $ 16,590 1,670 $ 29,270 365

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