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If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1
If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 16,300 7,300 3,300 1,900 1,200 30,000 Box cost $ 23 24 28 31 40 Total cost $374,900 175,200 92,400 58,900 48,000 $749,400 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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