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ASSIGNMENT - Submit only hard copies in the case (1) - Protected vien . Saved to this PC Layout References Mailings Review View Help it

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ASSIGNMENT - Submit only hard copies in the case (1) - Protected vien . Saved to this PC Layout References Mailings Review View Help it can contain viruses. Unless you need to edit, it's safer to stay in Protected View Search Enable Iditing Problem: 3 Alpha Company uses a periodic inventory system and had the following beginning inventory and purchases during January 2017: Cost Total Units Per Unit Cost Jan. 1 Beginning inventory......... $ 14 = $ 4,200 16 Purchased 3,000 20 Purchased 4,800 Total goods available for sale......... $12,000 300 200 Sales of units were as follows: Jan. 15 28 Total units sold....... 200 units at $30 460 units at $35 660 Additional data for use in applying the specific identification method: The specific units sold were Jan. 15 200 units from the January 1 units on hand 28 75 units from the January 1 units on hand 150 units from the Januaru 16 purchase, and ASSIGNMENT-2 Submit only hard copies in the class (1) Protected ViewSaved to this PC D Design Layout References Mailings files from the Internet can contain viruses. Unless you need to d Review View Help 'alerto stay in Protected View Search Enable Editing Sales of units were as follows: Jan. 15 28 Total units sold. 200 units at $30 460 units at $35 660 Additional data for use in applying the specific identification method: The specific units sold were: Jan. 15 200 units from the January 1 units on hand 28 75 units from the January 1 units on hand 150 units from the January 16 purchase, and 235 units from the January 20 purchase Required Using the preceding information, calculate the ending inventory and the cost of goods mpany by applying each of the three different methods of inventory costing: 1. FIFO 2. Weighted average, and 3. Specific identification arch oe

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