A company had the following transactions during November. Date Nov 1 Nov 3 Nov 18 Total Item Beginning balance Purchase Purchase LIFO Cost of Goods Sold LIFO Ending Inventory Required: compute the following amounts and place your answer in the box provided. Show your work on a separate piece of paper and upload it to Canvas after you submit the exam for partial credit if appropriate. USE COMMAS AND ROUND YOUR ANSWERS TO TWO DECIMAL PLACES. DO NOT USE $ IN YOUR ANSWERS. 1. Compute Cost of Goods Sold and Ending Inventory using the LIFO inventory method if the company sold 23 units. Units 10 9 10 29 Weighted Average Cost of Goods Sold Weighted Average Ending Inventory Unit Cost $1.50 $2.00 $2.50 units for a total cost of $ units for a total cost of $ 2. Compute Cost of Goods Sold and Ending Inventory using the Weighted Average method if the company sold 23 units. Total Cost $15.00 $18.00 $25.00 $58.00 units for a total cost of $ units for a total cost of $

A company tod the followinc tramactions durine Noveinber Required; compute the followine amounts and place your armwer in the box provided. show your work on a separate piece of paper and upload it to Carwas after vos uibmit the exam for partiat credit if appropriate USR COMMAS AND ROUND YOUR ANSWIRS TO TWO DICBMML PUCIS, DO NOT USE S IN YOURANSWRES: 1 Compule Cost of Coods Sold and fadine inentery usine the Lro inventorv method it the company rold 23 units. ino cont of conds solt units for a tistit cont of Lifo Endine inventory inits for a tocal cost of 5 2. Compule cost of coods Sold and fndine inventory udine the Whidited Averace nethod if the company sold 23 units Wethted Averase Cost of Coodi Sold Lities for a tabit cont of 5 Weighed Averoge Ending inventory units for a tetal cont of