ge.aspx?id=bk2Y_1R3SEUS3A_VJDVSZHAMYDATDpBiRQvzYXHfDhUQO9PTFAOQ10VTc3SVILVKFXSTEZNFFBUSA 6. Using the following information about the beginning inventory and purchases during the year, compute the value of the ending inventory under the FIFO, LIFO, and weighted average costing methods. A physical count reveals 325 units on hand on December 21, 20X1. Round the weighted average unit cost to two decimal places. Beginning inventory 150 units at $9.25 March 10 purchase 200 units at $9.50 July 1 purchase 225 units at $10.00 December 5 purchase 100 units at $10.25 Calculate: Please write your calculations on the box provided. a.) Ending inventory under FIFO method (5 Points) Enter your answer 7. Based on no. 6 problem, calculate Ending Inventory under LIFO method. Write calculations. (5 Points) Enter your answer 8. Based on no. 6 problem, calculate Ending inventory under weighted average method. Write calculations (5 Points BE esponsePage.aspx?id=bk2Y_1R3SEUS 3A VIDVSZHAMyDATDpBirOvxYXHEDHUOO9PTFAOQ10yVTC3SVILUKEXSTEZNFFBUSA 9. Using the following information about the beginning inventory and purchases during the year, compute the value of COST OF GOODS SOLD for 20XX under the FIFO, LIFO and weighted- average costing methods. A physical count reveals 50 units on hand on December 31, 20xx. Round the weighted-average unit cost to two decimals. Beginning inventory 65 units at $110 February 28 purchase 50 units at $125 July 22 purchase 50 units at $130 October 10 purchase 65 units at $135 November 5 purchase 70 units at $140 a.) Cost of Goods Sold under FIFO method? (10 Points) Enter your answer 10. Based on problem no. 9. calculate the cost of goods sold under LIFO method. (10 Points) Enter your answer 11. Based on problem no. 9. calculate cost of goods sold under weighted average method (10 Points Page.aspx?id=bk2Y_1R3SEUS3A_VJDVSZAMYDATDpBiRQvzYXHfDHUQ09PTFAOQ10yVTc3SVILVKFXSTEZNFFBUSAU 12. Based on the following data, determine the value of the ending inventory on an item-by-item basis using the lower of cost or market value. Calculate the units at year end with LCM. LCM Ending Inventory at LCM UD Item Units at Cost per Unit Year End 225 $10.00 B 175 12.50 300 13.35 D 150 12.25 Total Ending Inventory at LCM (15 Points) Market Value per Unit $12.00 11.75 13.10 11.50 ? ? ? ? ? ? ? ? ? ? Enter your answer 13. Information from three partial income statements is given below. Compute the missing amounts in each case Case B $200,000 33,000 Case C $165,000 Case A $ ? 45,000 150,000 195,000 Net Sales Beginning merchandise inventory Net purchases Goods available for sale Ending merchandise inventory Cost of goods sold Gross Profit 20 Points) 167,000 52,000 65,000 113,000 40,000 175,000 290,000 85,000 92,000 Enter your