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AP-3A LOD An inventory record card for item A-903 shows the following details in 2018. Mar 1 60 units in opening inventory at a cost

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AP-3A LOD An inventory record card for item A-903 shows the following details in 2018. Mar 1 60 units in opening inventory at a cost of $70 per unit Mar 9 120 units purchased at a cost of $64 per unit Mar 18 70 units sold Mar 24 44 units purchased at a cost of $80 per unit Mar 29 100 units sold Required The company uses the perpetual inventory method, Calculate the value of inventory at each of the above dates and determine the ending inventory at the end of March using the following methods a) FIFO Date Purchases Quantity Unit Cost Sales Quantity Unit Cost Balance Quantity Unit Cost Value Value Value Mar 1 Mar 9 Mar 18 Mar 24 Mar 29 Ending Inventory druation b) LIFO Date Purchases Quantity Unit Cost Chapters Mar 1 Value Quantity Unit Cost Sales Value Mar 9 Quantity Balance Unit Cost Value Mar 18 Mar 24 Mar 29 Ending Inventory c) Weighted-average cost Date Purchases Quantity Unit Cost Mar 1 Mar 9 Value Quantity Sales Unit Cost Value Balance Quantity Unit Cost Value Mar 18 Mar 24 Mar 29 Ending Inventory

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