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If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1
If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 15,200 6,200 2,200 1,350 1,000 25,950 Box cost $ 12 13 17 20 29 Total cost $182,400 80,600 37,400 27,000 29,000 $356,400 What is the cost of ending inventory using FIFO, LIFO, and the weighted average method? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Ending inventory FIFO LIFO Weighted average
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