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I would like help with LIFO, FIFO, and moving average. 3. A record of transactions for the month of May was as follows: Purchases Sales

I would like help with LIFO, FIFO, and moving average. image text in transcribed
3. A record of transactions for the month of May was as follows: Purchases Sales 1-May (balance) 400 @ $4.20 3-May 200 @ $7.00 41,300 @ $4.10 6 1,000 @ 7.00 8 800 @$4.30 12 900 @ 7.50 14 700 @ $4.40 18 400 @ 7.50 22 1,200 $4.50 25 1,400 @ 8.00 29 500 @ $4.55 Assuming that perpetual inventory records are kept in dollars determine the ending inventory and the cost of goods sold using a LIFO Ending Inventory # of Units/Cost per Unit Cost of Goods Sold # of Units/Cost per Unit T otal $ Total $ M ALLINEN . 1 b. FIFO Ending Inventory 3 # of Units/Cost per Unit 33Cost of Goods Sold Total $ # of Units/Cost per Unit T otal $ 00 01. Moving average, use 2 decimal places Price per Units/Price Per Unit 103 Date Purchases Total

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