Consider the following information for Maynor Company, which uses a periodic inventory system: January 1

March 28

August 22

October 14

Goods Available for Sale

Transaction Beginning Inventory Purchase Purchase Purchase a. FIFO b. LIFO c. Weighted Average Units 18 28 36 41 123 Unit Cost Total Cost $ 68 $ 1,224 74 2,072 78 2,808 3,444 84 $ 9,548 The company sold 41 units on May 1 and 36 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods.

TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 41 units on May 1 and 36 units on October 28 Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing mdinods. . FIFO b. LIFO c. Weighted Average TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 41 units on May 1 and 36 units on October 28 Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing mdinods. . FIFO b. LIFO c. Weighted Average