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30.00 points Consider the following information for Maynor Company, which uses a perpetual Inventory system 1.971 Transaction Units Unit Cost Total Cost January 1 Beginning

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30.00 points Consider the following information for Maynor Company, which uses a perpetual Inventory system 1.971 Transaction Units Unit Cost Total Cost January 1 Beginning Inventory 17 $67 $1,139 March 28 Purchase 2 7 73 August 22 Purchase 34 77 2.618 October 14 Purchase 39833,237 Goods Available for Sale 117 $ 8,965 The company sold 39 units on May 1 and 34 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following Inventory costing methods. a. FIFO Ending Inventory Cost of Goods Sold F b. LIFO Ending Inventory Cost of Goods Sold Weighted Average (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar) Ending inventory Cost of Goods Sold Type here to search of mes See 2

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