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COLLEGE LML LIVUAUL English Take me to the text a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation
COLLEGE LML LIVUAUL English Take me to the text a) Fill in the missing numbers in the inventory schedule using the weighted-average cost inventory valuation method. This company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes Round all answers to 2 decimal places. When calculating the unit cost, round to 2 decimal places as well Inventory Schedule Purchases Sales Balance Transaction Description Quantity Amount Quantity Amount Quantity Amount Opening Balance Purchase $ from AAA 400 $5,200.00 $0 #1 |Co. $ $ Sale to SSS #2 |Co. 200 $2,600.00 $ $ #3 Sale to TTT |Co. 100 $ $ #4 Purchase from BBB Co. 60 $1,140.00 $ Type here to search e Purchase from BBB #4 60 $1,140,00 [Co. $ $ $ Sale to UUU [Co. WS 20 b) If the LIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ c) If the FIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ d) If the specific identification method had been used, what would the value of COGS been for the sale to UUU CO.? Assume 10 of the units sold to UUU Co. were purchased from AAA Co and the other 10 units were purchased from BBB Co. COGS = $ D Check
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