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equired: etermine the cost assigned to ending inventory and to cost of goods sold using a specific identification () weighted average. ( FO, and (LIFO.

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equired: etermine the cost assigned to ending inventory and to cost of goods sold using a specific identification () weighted average. ( FO, and (LIFO. Con Specific id question by entering your answers in the tabs below. Specific Id Weighted Average FIFO LIFO Determine the cost assigned to ending Inventory and to cost of goods sold using specific identification. For specific identification, ending inventory consists of 2 are from the January 30 purchase, 5 are from the January 20 purchase, and 33 are from beginning inventory. a) Specific Identification Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods # of units # of units in Available for of units Cost per Cost of Goods Cost per unit Ending sold unit Sold ending unit Sale inventory Inventory Beginning inventory 149 $ 6.00 $ 894 Purchases Jan. 20 69 s 5.00 345 Jan. 30 180 $ 4.50 Total 398 $ 2,049 0 $ $ 0 Cost per 810 Specield Weighted Average >

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