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Enabled: Exam 6 - 7 Saved TB Problem 7 - 1 9 6 ( Algo ) Consider the following information for... Consider the following information

Enabled: Exam 6-7
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TB Problem 7-196(Algo) Consider the following information for...
Consider the following information for Maynor Company, which uses a periodic inventory system:
The company sold 31 units on May 1 and 26 units on October 28.
Required:
Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing
a. FIFO
b. LIFO
c. Weighted Average
Complete this question by entering your answers in the tabs below.
Required A
Required C
Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method.
\table[[Ending Inventory],[Cost of Goods Sold]]
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