ATV Co. began operations on March 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard. March Sunday Monday Tuesday Wednesday Thursday Friday Saturday Legend No Purchases or Sales Purchases Sales 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 tableau K LI- 0 Compute the cost assigned to ending inventory using FIFO. . Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Inventory Balance Cost per Cost per Date Goods Purchased # of units unit 100 @ $ 50.00 # of units sold Cost per unit Cost of Goods Sold # of units Inventory Balance unit 50.00 March 1 100 @ $ $ 5,000.00 March 5 March 9 March 18 March 25 March 29 Totals Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Cost of Goods Sold Inventory Balance Date Goods Purchased # of units Cost per unit 100 @ $ 50.00 # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance March 1 100 @ $ 50.00 = $ 5,000.00 March 5 March 9 March 18 March 25 March 29 Totals Required 1 Required 2 Required 3 Compute the cost assigned to ending inventory using Weighted Average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance Date Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit # of units 100 @ Inventory Balance March 1 $ 50.00 100 @ $ 50.00 = $ 5,000.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals Domurod 2 ATV Co. began operations on March 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard. March Sunday Monday Tuesday Wednesday Thursday Friday Saturday Legend No Purchases or Sales Purchases Sales 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 tableau K LI- 0 Compute the cost assigned to ending inventory using FIFO. . Compute the cost assigned to ending inventory using LIFO. Compute the cost assigned to ending inventory using FIFO. Perpetual FIFO: Cost of Goods Sold Inventory Balance Cost per Cost per Date Goods Purchased # of units unit 100 @ $ 50.00 # of units sold Cost per unit Cost of Goods Sold # of units Inventory Balance unit 50.00 March 1 100 @ $ $ 5,000.00 March 5 March 9 March 18 March 25 March 29 Totals Compute the cost assigned to ending inventory using LIFO. Perpetual LIFO: Cost of Goods Sold Inventory Balance Date Goods Purchased # of units Cost per unit 100 @ $ 50.00 # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit Inventory Balance March 1 100 @ $ 50.00 = $ 5,000.00 March 5 March 9 March 18 March 25 March 29 Totals Required 1 Required 2 Required 3 Compute the cost assigned to ending inventory using Weighted Average. (Round your average cost per unit to 2 decimal places.) Weighted Average Perpetual: Goods Purchased Cost of Goods Sold Inventory Balance Date Cost per unit # of units sold Cost per unit Cost of Goods Sold # of units Cost per unit # of units 100 @ Inventory Balance March 1 $ 50.00 100 @ $ 50.00 = $ 5,000.00 March 5 Average March 9 March 18 Average March 25 March 29 Totals Domurod 2
