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fx AutoSum Logical Recently Used A Text Insert Function Financial Date & Time F39 fx A 1 P6-8A B C D Defined Names Formula
fx AutoSum Logical Recently Used A Text Insert Function Financial Date & Time F39 fx A 1 P6-8A B C D Defined Names Formula Auditing Calculation Options H 1 J Inventory Costing Methods-Periodic Method The following data are for the Porter Corporation, which sells just one product: Units Unit Cost Beginning Inventory, January 1 1,200 $8 Purchases: February 11 1,500 9 May 18 1,400 12 October 23 1,100 14 Sales: March 1 1,400 10 July 1 1,400 11 October 29 1,200 12 13 14 15 Calculate the value of ending inventory and cost of goods sold at year-end using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round the cost per unit to 3 decimal places and round your final answers to the nearest dollar.
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