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If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. Beginning inventory and purchases Boxes Box cost Total cost Beginning
If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. Beginning inventory and purchases Boxes Box cost Total cost Beginning inventory: January 1 15,800 $ 18 $ 284,400 March 1 6,800 19 129,200 June 1 2,800 23 64,400 September 1 1,650 26 42,900 December 1 1,000 35 35,000 28,050 $ 555,900 What is the cost of ending inventory using FIFO, LIFO, and the weighted-average method?
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