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Donna Company uses the periodic inventory system to account for inventories. Information related to Donna Company's inventory at October 31 is given below: October 1
Donna Company uses the periodic inventory system to account for inventories. Information related to Donna Company's inventory at October 31 is given below: October 1 8 Beginning inventory Purchase Purchase 390 units X 810 units X 16 $9.50 $10.40 $10.80 $11.60 595 units $3.705 8,424 6,426 2,146 $20.701 24 Purchase 185 units Total units and cost 1,980 units x Your answer is incorrect. Value the ending inventory using the FIFO cost assumption if 500 units remain on hand at October 31. (Round answer to O decimal places, e.g. 2,520.) Ending Inventory $ 16.996 Value the ending inventory using the weighted average cost method if 500 units remain on hand at October 31. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answer to 0 decimal places, eg. 2,520.) 072 Ending Inventory $ e Textbook and Media Your answer is incorrect. Value the ending inventory using the LIFO cost assumption if 500 units remain on hand at October 31. (Round answer to o decimal places, e.g. 2,520.) Ending Inventory $
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