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For the weighted-average method, round calculations to fyo decimal places. If required, round your final answers to the nearest cent. 2. Assume that the market

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For the weighted-average method, round calculations to fyo decimal places. If required, round your final answers to the nearest cent. 2. Assume that the market price per unit (cost to replace) of Bovie's inventory on pecomber 31, 20t. Was \$39. Calculate the total amount to be assigned to the ending inventory on December 31 under each of the following methods. 3. What joumal entry would be made under lower-of-cost-or-market for parts 2(a) fIFO and 2(b) Waighted-ayerage? If no entry is recilired. type "No entry required for the account name and leave the amount botes blank or enter for. Bouie Company's beginning inventory and purchases during the fiscal year ended pecember 31 20-1. Were az follovis For the weighted-average method, round calculations to fyo decimal places. If required, round your final answers to the nearest cent. 2. Assume that the market price per unit (cost to replace) of Bovie's inventory on pecomber 31, 20t. Was \$39. Calculate the total amount to be assigned to the ending inventory on December 31 under each of the following methods. 3. What joumal entry would be made under lower-of-cost-or-market for parts 2(a) fIFO and 2(b) Waighted-ayerage? If no entry is recilired. type "No entry required for the account name and leave the amount botes blank or enter for. Bouie Company's beginning inventory and purchases during the fiscal year ended pecember 31 20-1. Were az follovis

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