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Japon Electronic Center began December with 100 units of merchandise inventory that cost $70 each. During December, the store made the following purchases: Click the

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Japon Electronic Center began December with 100 units of merchandise inventory that cost $70 each. During December, the store made the following purchases: Click the icon to view the purchases.) Jepson uses the periodic inventory system, and the physical count at December 31 indicates that 130 units of merchandise inventory are on hand, Read the requirements Incorrect Requirement 1. Determine the ending merchandise inventory and cost of goods sold amounts for the December financial statements using the FIFO, LIFO. and weighted average inventory costing methods > FIFO Data Table Ending inventory Cost of goods sold Dec 3 Dec. 12 35 unds @ 582 och 45 units @ $84 och 75 units @ $90 each Dec. 18 Print Done

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