I. Week 6 - ACC100269VA016 X A ALEKS. Ashley Mckee. Leam X 120 e w 0 aleks.com III O MERCHANDISING AND INVENTORY Use of periodic Inventory system for merchandise inventory... Units Unit Cost Total Beginning Inventory 30 $11 $330 Purchases: March 3 55 10 550 June 15 40 8 320 September 28 25 6 150 $1,350 Cost of Goods Available for Sale 150 On December 31, Brooks Company had an ending inventory of 85 units. They use a periodic inventory syster ending inventory Required: Using LIFO: (a) Compute the cost of ending inventory (b) Compute the cost of goods sold Explanation Check Type here to search 2020 McGraw-Hill Edu ALEKS. Ashley Mc 1 Week 6 - ACC100269VA016- X A ALEKS - Ashley McKee - Learn X 0 0 aleks.com aleksson Shee_L-DS 5-STERS 120% O MERCHANDISING AND INVENTORY Use of periodic inventory system for merchandise inventory... On Dec 31, Brooks Company had an ending inventory of 85 units. They use a periodic inventory system to compute the cost of ending ..tory. Required: Using LIFO: (a) Compute the cost of ending inventory (b) Compute the cost of goods sold Cost of ending inventory: $ $D Cost of goods sold: Explanation Check 2020 McGraw-Hill Education. All Rights Reserved. Terms o AB O BH e ALEKS - Ashley Mc ER Type here to search