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Mckinley's Porch, Inc., sells gold jewelry. A particular pendant Crux had the following beginning inventory for 2013: On 1-1-2013, 33 units were in stock, bought

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Mckinley's Porch, Inc., sells gold jewelry. A particular pendant "Crux" had the following beginning inventory for 2013: On 1-1-2013, 33 units were in stock, bought at $ 280 each. Purchases of Crux during the year consisted of the following (in the order listed): on 2-1-2013, 12 were bought for $290, on 3-2-2013, 28 were bought for $300, and finally on 4-4-2013, 27 were bought for $ 310. Sales during the year for Crux were 70 total sold for $ 600 each, the sales occurred on the following days: on 1-15-2013, 22 units were sold, on 2-15-2013, 16 were sold, on 3-15-2013, 14 more were sold and on 4-15-2013, 18 were sold. Part 1. Using a perpetual inventory assumption, compute the cost of goods sold for the year 2013, and the ending inventory totals for 12-31-2013, using the following alternatives: A. FIFO B. LIFO, and C. Moving Average cost, rounding the per unit costs to the cent. Part 2. Using a periodic inventory system, compute the cost of goods sold, and ending inventory totals for 12-31-2013 using the following alternatives: A. FIFo, B. IFO, and C. Weighted Average, rounding the per unit cost to the cent

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