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Gray Company uses the periodic inventory system to account for inventories. Information related to Gray Company's inventory at

October $31$ is given below:

Calculate value of the ending inventory using the FIFO cost assumption if $550$ units remain on hand at October $31.($Round per unit

cost calculations to $2$ decimal places, e$.$g$.5\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.5,275.)$

Ending inventory $

eTextbook and Media

Calculate value of the ending inventory using the weighted$-$average cost method if $550$ units remain on hand at October $31.$

$($Round per unit cost calculations to $2$ decimal places, e$.$g$.5\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.5,275.)$

Ending inventory $

eTextbook and Media

Calculate value of the ending inventory using the LIFO cost assumption if $550$ units remain on hand at October $31.($Round per unit

cost calculations to $2$ decimal places, e$.$g$.5\mathrm{.}25$ and final answer to $0$ decimal places, e$.$g$.5,275.)$

Ending inventory

eTextbook and Media