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BusinessCAUN , O VIDEOS Moto 5 Partially correct Undew Inc inventory records showed the following data for an item it sells regularly Date Units Unit
BusinessCAUN , O VIDEOS Moto 5 Partially correct Undew Inc inventory records showed the following data for an item it sells regularly Date Units Unit Cost Jan 1 Inventory 100 310.00 Jan 3 Purchase 41300 310.00 Jan 7 Sales at 526 per unit) 16.000 Jan. 20 Purchases 100 511.00 jan. 22 Sales at 3:37 perut) 3.400 Jan 30 Purchases 7.200 312.00 a. Assuming that Undew maintains a periodic inventory system compute ending inventory and cost of goods sold for the month ending January 31 using (1) average cost. (2) FIFO, and (3) LIFO Note: Carry all decimals in calculations: round the final answer to the nearest dollar, Periodic Inventory System Ending Inventory 1. Average cost method 5 153.5345 2. FIFO method 165.000 3. LIFO method 147.540 COGS 588546 576.480 504240 b. Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of goods sold for the month ending January 31 using (1) moving average, (2) FIFO, and (3) LIFO Note: Carry all decimals in calculations; round the final answer to the nearest dollar Perpetual Inventory System Ending Inventory 1. Moving average method 3 579,633 X 5 2. BF method 576,480 x 3. UFO method 582.720 X COGS 162.447 X 165.600 X 1.593,601 Check
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