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3 E7-5 Calculating Cost of Ending Inventory and Cost of Goods Sold under Periodic FIFO, LIFO, and Weighted Average Cost [LO 7-3] 10 polnts Oahu

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3 E7-5 Calculating Cost of Ending Inventory and Cost of Goods Sold under Periodic FIFO, LIFO, and Weighted Average Cost [LO 7-3] 10 polnts Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies ts inventory costing meth at the end of each month, as if it uses a periodi January. Sales totaled 290 units c inventory system. Assume Oahu Kiki's records show the following for the month of Print Date units unit Cost Total Cost perinnry anuary 15 2403 $36.80 $ 70 Purchase Purchase 36,000 22,000 anuary 2421 1e0 Required: 1. Calculate the number and cost of goods available for sale 2 Calculate the number of units in encing inventory 3. Calculate the cost of ending inventory and cost of goods sold using the FiFO (b) LIFO, and (c/ weighted average cost methods Complete this question by entering your answers in the tabs below Mc 832 Hit Unit 6 -Chapter /Homewk U 1. Calculate the number and cost of goods available for sale. 2. Calculate the number of units in ending inventory late the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average c 10 points plete this question by entering your answers in the tabs below Print Required 1 Required 2Required 3 Calculate the number and cost of goods available for sale. units Number of Goods Available for Sale Cost of Goods Available for Sale Required 2> Mc Graw 3 of 3 Next Ches 3 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 10 points Complete this question by entering your answers in the tabs below Print Required1 Required 2 Required 3 Calculate the number of units in ending inventory. units K Required 1 Required 3 > Mc Graw Hill Unit 6-Chapter HoleW 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 10 points Complete this question by entering your answers in the tabs below Print Required 1 Required 2 Required 3 Calculate the cost of ending inventory and cost of goods sold using the (3) FIFO. (b) LIFO, and (c) weighted average cost methods Cost of Ending Cost of Goods Sold FIFO LIFO Weighted Average Cos K Required 2 Prey3 of 3 Ne Graw

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