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If Comcast is upgrading its cable boxes and has 650 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1
If Comcast is upgrading its cable boxes and has 650 obsolete boxes in ending inventory. Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 17,000 8,000 4,000 2,250 1,000 32,250 Box cost $30 31 35 38 47 Total cost $ 510,000 248,000 140,000 85,500 47,000 $1,030,500 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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