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in.do?invoker=assignments&takeAssignmentSessionLocator assignment-take&inprogress=false Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,070
in.do?invoker=assignments&takeAssignmentSessionLocator assignment-take&inprogress=false Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,070 units @ $120 Feb. 17 Purchase 1,410 units @ $121 Jul. 21 Purchase 1,595 units @ $122 Nov. 23 Purchase 1,135 units @ $123 There are 1,210 units of the item in the physical inventory at December 31. The periodic inventory system is used. Do not round intermediate calculation and round final answer to nearest whole value. a. Determine the inventory cost by the first-in, first-out method. $ 149,805 x b. Determine the inventory cost by the last-in, first-out method. $ 128,656 x c. Determine the inventory cost by the weighted average cost method. $ 84,000 X Feedback Check My word
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