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Help! 1- James Rodriguez, the owner of Rodriguez Supermarket Inc., is asking you as the accountant as to which method of calculating ending inventory should

Help!

1- James Rodriguez, the owner of Rodriguez Supermarket Inc., is asking you as the accountant as to which method of calculating ending inventory should be used.

Decide which method of calculating ending inventory James Rodriguez would use and give valid reasons for your choice?

2- Clare Jones, the owner of joness Toys Company, is asking you as the accountant as to which method of calculating ending inventory would be used when near the end of the year there was a fire that destroyed important documents. Hint Appendix which is at the end of the chapter.

Decide which method of calculating ending inventory Clare Jones would be used and give reasons for your choice?

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