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Arrow Company is a retailer that uses the perpetual inventory system. August 1 Beginning inventory 80 units of Product A @ $1,600 total cost 5
Arrow Company is a retailer that uses the perpetual inventory system. August 1 Beginning inventory 80 units of Product A @ $1,600 total cost 5 Purchased 8 Purchased 11 Sold 100 units of Product @ 200 units of Product A @ 170 units of Product A @ . First-in, first-out Ending Inventory. $ B. Last-in, first-out Ending Inventory $ C. Weighted-average Ending Inventory $ $2,116 total cost $4,416 total cost $4,800 total sale Calculate the inventory cost of item A on August 11 (after the sale) using (a) first-in, first-out, (b) last-in, first-out, and C the weighted-average cost methods. Do not round until your final answers. Round your final answers to the nearest dollar.
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