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Determine cost of inventory by first in, last in, weighted average cost. om/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assignment-take&inpro eBook Show Me How Calculator by Thgee Methods Dymac Appliances uses the

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om/ilrn/takeAssignment/takeAssignmentMain.do?invoker-assignments&takeAssignmentSessionLocator-assignment-take&inpro eBook Show Me How Calculator by Thgee Methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows: Purchases Invoices Inventory Count December 31 Model A10 B15 E60 G83 134 M90 Q70 Required: 1. Determine the cost of the inventory on December 31 by the first-in, first-out method. 1st 2nd 3rd January1 4 at $ 25 4 at $28 4 at $31 8 at $82 4 at73 3 at 79 6 at 86 3 at 75 3at65 15 at 68 9 at 70 7 at 217 6 at 225 5at235 10 at 234 12 at 53 10 at55 16 at 62 16 at 63 2 at 106 2 at 108 3at126 3 at 128 5 at 169 4 at 179 4 at 184 7 at 189 13 if the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first. Dymac Appliances Cost of the Inventory-FIFO Method December 31

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