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Consider the following Information for Maynor Company, which uses a perpetual Inventory system: January 1 March 28 August 22 October 14 Goods Available for Sale
Consider the following Information for Maynor Company, which uses a perpetual Inventory system: January 1 March 28 August 22 October 14 Goods Available for Sale Transaction Beginning Inventory Purchase Purchase Purchase Units 21 31 42 47 141 Unit Cost Total Cost $ 71 $ 1,491 77 2,387 81 3,482 87 4,089 $11, 369 The company sold 47 units on May 1 and 42 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 A Required B Required Calculate the company's ending inventory and cost of goods sold using the each of following Inventory costing methods. 4. 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 Required B > 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 LIFO Ending Inventory Cost of Goods Sold 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 Weighted Average (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar) Ending Inventory Cost of Goods Sold
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