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Labissiere Bonilla Exotic Garments accounts for Inventory on a periodic system. During its first year of operations, the company made the following purchases (listed in
Labissiere Bonilla Exotic Garments accounts for Inventory on a periodic system. During its first year of operations, the company made the following purchases (listed in chronological order of acquisition): . 42 units at $106 per unit 75 units at $78 per unit 174 units at $52 per unit 26 Sales for the year totaled 273 units, leaving 18 units on hand at the end of the year. Ending inventory using the average cost method is: (Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount) DUE Alemany Green Brewery had the following April transactions for its IPA beer, which had a balance of 390 qts. $4.20 per quart on April Purchases: Apr. 10 Apr. 14 Apr. 20 590 gts @ $4.30 490 gts @ $4.40 490 qts @ $4.45 Sales: Apr. 3 Apr. 12 Apr. 26 380 qts 590 qts 390 qts The ending inventory assuming LIFO and a periodic inventory system is: (Round your final answer to two decimal places.)
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