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HO9-2: The following information is available about Webber Company's 2019 inventory activities Calculate cost of goods sold, gross profit, and ending inventory under each of

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HO9-2: The following information is available about Webber Company's 2019 inventory activities Calculate cost of goods sold, gross profit, and ending inventory under each of the following inventory cost assumptions LIFO, FIFO, and weighted average under 1) a periodic and 2) a perpetual inventory system WEBBER CO, 2019 INVENTORY DATA Units Cost per Unit Total cost Beginning inventory 1/1/19 2.500 SIO 525.000 Production runs 1/30/19 2.000 12 24.000 2/15/19 2.100 11 23.100 5/15/19 1.400 12 16.800 8/15/19 3.000 14 42.000 9/04/19 1.500 17 25.500 12/15/19 2.000 18 16.000 Goods available for sale-2019 ISO SIS200 Sales Price Units Total 6/30/19 5.300 $25.00 $130.000 11/20/19 S.750 528.00 Total sales in 2019 100 529

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