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Linda Williams Company was formed on December 1, 2019. The following information is available from Williams's inventory records for Product BAP. Units Unit Cost 420
Linda Williams Company was formed on December 1, 2019. The following information is available from Williams's inventory records for Product BAP. Units Unit Cost 420 January 1, 2020 (beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 26, 2020 840 910 560 420 NO A physical inventory on March 31, 2020, shows 1,120 units on hand. Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. LINDA WILLIAMS COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost e Textbook and Media Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method. LINDA WILLIAMS 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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