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Consider the following information for Maynor Company, which uses a periodic inventory system: Units Unit Cost Total Cost Transaction Beginning Inventory Purchase Purchase Purchase s
Consider the following information for Maynor Company, which uses a periodic inventory system: Units Unit Cost Total Cost Transaction Beginning Inventory Purchase Purchase Purchase s 2, 624 3,696 5, 888 6,762 $18,970 32 42 64 $ 82 January 1 March 28 August 22 October 14 Goods Available for Sale 92 98 69 207 The company sold 69 units on May 1 and 64 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required C FIFO Ending Inventory Cost of Goods Sold Required B Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required ARequired B Required C LIFO Ending Inventory Cost of Goods Sold Required A Required C Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventry costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required C Weighted Average (Round the per unit cost to two decimal places and then round your answers to the nearest whole dollar.) Ending Inventory Cost of Goods Sold Required B
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