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Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total Cost January 1 Beginning Inventory 31 $

Consider the following information for Maynor Company, which uses a periodic inventory system:

Transaction Units Unit Cost Total Cost
January 1 Beginning Inventory 31 $ 81 $ 2,511
March 28 Purchase 41 87 3,567
August 22 Purchase 62 91 5,642
October 14 Purchase 67 97 6,499
Goods Available for Sale 201 $ 18,219

The company sold 67 units on May 1 and 62 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods.

  1. FIFO
  2. LIFO
  3. Weighted Average

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goods sold using the each of following inver a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required FIFO Ending Inventory Cost of Goods Sold Calculate the company's ending inventory and cost of goods sold using the each of follow a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Requirer Required C LIFO Ending Inventory Cost of Goods Sold Required A Required C a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Requred C Weighted Average (Round the per unit cost to two decimal places and then round your ansv- Ending Inventory Cost of Goods Sold Required B Required c>

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