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Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1 , purchases invoices during the next 1 2 months,

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:
Model Inventory,
January 1
Purchases
Invoices 1st
Purchases
Invoices 2nd
Purchases
Invoices 3rd Inventory Count,
December 31
A10__4 at $ 644 at $ 704 at $ 766
B158 at $ 1764 at 1583 at 1706 at 1848
E603 at 753 at 6515 at 689 at 705
G837 at 2426 at 2505 at 26010 at 2599
J3412 at 24010 at 24616 at 26716 at 27015
M902 at 1082 at 1103 at 1283 at 1305
Q705 at 1604 at 1704 at 1757 at 1808
Required:
1. Determine the cost of the inventory on December 31 by the first-in, first-out method.
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. 2. Determine the cost of the inventory on December 31 by the last-in, first-out method.
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 OLDEST units first. Determine the cost of the inventory on December 31 by the weighted average cost method.

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