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Connect Graded Homework #4 7 T Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of
Connect Graded Homework #4 7 T Nittany Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product t 909 Inventary, December 31, prior year For the current years Purchase, March 21 Purchase, August 1 Inventary, December 31, current year Required: Unit Units Cost 1,860 $5 5,000 2 2,920 Compute ending inventory and cost of goods sold for the current year under FIFO, LIFO and average cost inventory costing methods Note: Round "Average cost per unit" to 2 decimal places and final answers to nearest while dollar amount. FIFO Ending mentory Cost of goods s LIPO Y Age Coat Save & Exit Check my wo
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