Question
3 Part 3 of 4 3 57 points Required information Complete this question by entering your answers in the tabs below Perpetual FIFO Perpetual LIFO
3 Part 3 of 4 3 57 points Required information Complete this question by entering your answers in the tabs below Perpetual FIFO Perpetual LIFO Weighted Average Compute the cost assigned to ending inventory using specific identification For specific identification units sold include 75 units from beginning inventory 205 units from the March 5 purchase 55 units from the March 18 purchase and 95 units from the March 25 purchase Date March 1 March 5 March 18 March 25 Total Goods Available for Sale of units 120 235 95 170 620 Specific Id Cost per unit 51 40 56 40 61 40 63 40 Specific Identification Cost of Goods Available for Sale 6 168 13 254 5 833 10 778 36 033 of units sold Cost of Goods Sold 75 0x 0 x 75 X 150 Cost per unit 51 40 56 40 61 40 63 40 Weighted Average Cost of Goods Sold 3 855 0 0 4 755 8 610 Ending Inventory of units in ending inventory Cost per unit 45 51 40 0x 56 40 0x 61 40 0x 63 40 45 Specific Id Ending Inventory Return to question 2 313 0 0 0 2 313 H
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