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Help with (b). Thank you Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74
Help with (b). Thank you
Rusthe Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold. Date Explanation Units Unit Cost Total Cost $270 30 $9 May 1 15 25 10 250 Inventory Purchase Purchase Total 24 38 11 418 $938 93 (a) Your Answer Correct Answer Your answer is correct. Calculate the weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost $ 10.086 e Textbook and Media Solution Attempts: 1 of 1 used (b) Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31 $ $ $ e Textbook and Media Save for Later Attempts: 0 of 1 used SubmitStep by Step Solution
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