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Answer using excel ! PT Andalan Utama is engaged in buying and selling electronic equipment. All transactions are made in cash and there are no

Answer using excel !

PT Andalan Utama is engaged in buying and selling electronic equipment. All transactions are made in cash and there are no damaged items for return transactions. Transactions related to inventory at PT Andalan Utama during December 2020 are as follows:

Date

Description

Number of Units

Price per Unit ($)

1/12/17

Beginning Stock

100

15

5/12/17

Purchase

150

20

10/12/17

Sales

140

50

15/12/17

Purchase

130

25

20/12/17

Sales

100

50

22/12/17

Purchase

150

30

REQUESTED: Calculate the value of ending inventory if the company uses the method: a. Perpetual First In First Out (FIFO) b. Periodic Average (Weighted Average)

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