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January 1 March 28 August 22 October 14 Transaction Units Unit Cost Total Cost Beginning Inventory 12 $ 62 $ 744 Purchase 22 68
January 1 March 28 August 22 October 14 Transaction Units Unit Cost Total Cost Beginning Inventory 12 $ 62 $ 744 Purchase 22 68 1,496 Purchase 24 72 1,728 Purchase 29 78 2,262 87 $ 6,230 Goods Available for Sale The company sold 29 units on May 1 and 24 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method. Ending Inventory Cost of Goods Sold
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