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21 15 points print 17 31 *+0b lea u 18 19 20 22 23 Tableau DA 5-2: Exercise, Perpetual: Inventory costing methods LO P1
21 15 points print 17 31 *+0b lea u 18 19 20 22 23 Tableau DA 5-2: Exercise, Perpetual: Inventory costing methods LO P1 ATV Co. began operations oearch 1 and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard. Monday Sunday References Legend No Purchases or Sales Purchases sales Tuesday 5 12 15 S March Wednesday 6 13 Thursday 7 14 Friday 1 8 15 Saturday 2 9 16 3 10 ; 29 Totals 4 11 1. Compute the cost assigned to ending inventory using FIFO. 2. Compute the cost assigned to ending inventory using LIFO. 3. Compute the cost assigned to ending inventory using Weighted Average. Perpetual FIFO: March 1 March 5 March 9 March 18 March 25 March 29 Totals Next Goods Purchased of Goods Soit. Cost per Cost of Goods Sold unit n Balance # of Cost per # of units 100 @ $ 50.00 # of units 100 @ Cost per Inventory Balance $ 50.00 - 5,000.00 print References Required I Required 2 Reqjired 3 Compute the cost assigned to ending inventory using Weighted Average. (Round Weighted Average Perpetual: your average cost per unit to 2 decimal places.) S socc = s Goods Pic # of Cost per unit # of units sold 100 @ $ 50.00 March 1 March 5 Average March 9 March 18 Average March 25 Cost of Goods Sold Cost per unit Cost of Goods Sold ' # of units 100 @ lance Cost per unit Inventory Balan S 50.00 - 5,000.00 March 29 Totals < Required 2 Next
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