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During 20X7, Bolts Hardware Company had the following units of a particular model of ceiling fan on hand: Units Date Beginning Inventory March 27, 20X7

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During 20X7, Bolts Hardware Company had the following units of a particular model of ceiling fan on hand: Units Date Beginning Inventory March 27, 20X7 July 5, 20X7 Total 20 40 10 70 Cost Per Unit $70 584 $105 Total Cost 1,400 3.360 1.050 38110 Bolts uses the periodic system to track its inventory. At year-end, Bolts had I units in inventory. 22. What value will Bolts Hardware Company report for its ending inventory under the First-im, First-out inventory method? $1.134 $1.155 $770 $913 23. What amount of Cost of Goods Sold will Bolts Hardware Company report for 20x7 under the First-in. First-out inventory method? $4.897 $1,655 b. $5,040 $4,676 24. What value will Bolts Hardware Company report for its ending inventory under the Last-in, First-o inventory method? ST.155 $913 $770 a $1,134 25. What amount of Cost of Goods Sold will Bolts Hardware Company report for 20X7 under the Last-in, First-out inventory method? $5,040 $4,676 b. $4,897 d. $4,655 26. What value will Bolts Hardware Company report for its ending inventory under the weighted awerage inventory method? a $770 $913 b. S1.155 d. SI,134 27 What amount of Cost of Goods Sold will Bolts Hardware Company report for 20x7 under the weighted average inventory method? $4,897 $4,655 $5,040 d. $4.676 . b. 0 50 18

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