Acct 1-Ex.06-13

enow.com/ilm/takeAssignment/takeAssignmentMain.dolnoker eBook Show Me How Calculator Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: Jan 1 Inventory 30 units at $104 Mar. 10 Purchase SO units at $116 Aug. 30 Purchase 10 units at $120 Dec. 12 Purchase 110 units at $126 There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost and the cost of goods sold by three methods. Round interim calculations to one decimal and final answers to the nearest whole dollar Cost of Ending Inventory and cost of Goods Sold Inventory Method Ending Inventory Cost of Goods Sold First in, first out (FIFO) Last in, first out (LFO) DOO Weighted average cost Check My Work Previous No All work saved Email Instructor Save and Exit Submit Assignment for O e ENG