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Exercise 5 - 3 ( Algo ) Perpetual: Inventory costing methods LO P 1 Assume the perpetual inventory system is used. Required: Complete the table

Exercise 5-3(Algo) Perpetual: Inventory costing methods LO P1
Assume the perpetual inventory system is used.
Required:
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.
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