All- pages Book company reports the following inventory transaction during the current month. All- Pages uses the perpetual method for inventory.

Date Event Number of units Unit Cost Total Cost

Dec1st Beg inventory 500 $10 $5000

8th Purchase 600 11 6600

13th Purchase 300 12 3600

15th Sale 650

24th Purchase 300 13 3900

28th Purchase 400 15 6000

30th Sale 750

Required:

Calculate Cost of goods Sold and Ending Inventory using the Weighted Average, FIFO, and LIFO inventory costing methods.

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