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Flint Corporation began operations on December 1, 2016. The only... Exercise $ - 17 Flint Corporation began operations on December 1 , 2015 . The

Flint Corporation began operations on December 1, 2016. The only...

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Exercise $ - 17 Flint Corporation began operations on December 1 , 2015 . The only inventory transaction in 2015 was the purchase of inventory on December 10 , 2015 , at a cost of $ 20 PER unit . None of this inventory was sold in 2015 . Relevant information for fiscal 2017 is as follows :" Ending inventory units :" December 31 , 2015 140 December 31 , 2017 , by purchase date - Dec . 2 , 2017 140 - July 20 , 2017 32 172 During 2017 , the following purchases and Sales were made* Purchases Sales Mar. 15 310 units at $ 24 API. 10 200 July 20 310 units at $ 27 AUG . 20 290 Sept . 4 210 units at $ 29 NOV . 18 170 DEC. 2 140 units at $ 31 Dec . 12 278 The company USES the periodic inventory method . Determine Ending inventory under Specific identification . Ending inventory*Determine ending inventory under FIFO . Ending inventory* $ Determine Ending inventory under weighted average cost . ( Round weighted average cost per unit to 2 decimal places , &.J. 52. 75 and final answer to a decimal places , E. J. 5, 275.) Ending inventory*

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