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Laura Hall Company was formed on December 1, 2019. The following information is available from Hall's inventory records for Product BAP. Units Unit Cost January
Laura Hall Company was formed on December 1, 2019. The following information is available from Hall's inventory records for Product BAP. Units Unit Cost January 1, 2020 (beginning inventory) 1,560 $ 8 Purchases: January 5, 2020 3,120 9 January 25, 2020 3.380 10 February 16, 2020 2,080 11 March 26, 2020 1,560 12 A physical inventory on March 31, 2020, shows 4,160 units on hand. Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. LAURA HALL COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ . $ Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method. LAURA HALL COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ e Textbook and Media Calculate average-cost per unit. (Round answer to 2 decimal places, e.g. 2.76.) Weighted average-cost per unit $ e Textbook and Media Compute the ending inventory at March 31, 2020, under Weighted average inventory method. (Round answer to 0 decimal places, e.g. 2,760.) Weighted-Average Ending Inventory at March 31, 2020 $
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