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If Comcast is upgrading its cable boxes and has 550 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1
If Comcast is upgrading its cable boxes and has 550 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 14,800 5,800 1,800 1,150 1,100 24,650 Box cost $ 8 9 13 16 25 u o wc Total cost $118,400 52,200 23,400 18,400 27,500 $239,900 What is the cost of ending inventory using FIFO, LIFO, and the weighted-average method? (RC decimal places and final answers to the nearest dollar amount.) Ending inventory FIFO LIFO Weighted average
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