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following information is available from Esplanade's inventory records for ceramic cups ( the only manufactured Product ) . A physical count of ending inventory at

following information is available from Esplanade's inventory records for ceramic cups (the only manufactured
Product).
A physical count of ending inventory at March 31st shows 4,500 units on hand.
11] Compute the value of the ending inventory at March 31,2012, using FIFO
12] Compute the value of the ending inventory at March 31,2012, using LIFO
13] Compute the value of the ending inventory at March 31,2012, using Weighted Average Methodfollowing information is available from Esplanades inventory records for ceramic cups (the only manufactured Product).
Units Unit Cost
Beginning Inventory @ January 1st 1,800 $8
Purchases made on January 5th 3,300 $9
Purchases made on January 25th 3,900 $10
Purchases made on February 9th 2,400 $11
Purchases made on March 18th 1,800 $12
A physical count of ending inventory at March 31st shows 4,500 units on hand.
11] Compute the value of the ending inventory at March 31,2012, using FIFO
12] Compute the value of the ending inventory at March 31,2012, using LIFO
13] Compute the value of the ending inventory at March 31,2012, using Weighted Average Method
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