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Me Aug 13 Periodic Inventory FOLIFO, and weighted Average Cost Methods The units of an item valable for sale during the year were as follows:
Me Aug 13 Periodic Inventory FOLIFO, and weighted Average Cost Methods The units of an item valable for sale during the year were as follows: Jan. 1 Inwertory 10 units at $24 5240 Purchase 16 units at $25 400 Nov 30 Purchase 17 units 527 459 Available for sale $1,099 There are 21 units of the items in the physical eventory at December 31. The periodic Inventory system is used. Determine the ventory cost using the art fra out (FFO) method: (b) tat-, first-out (110) method, and (c) weighted average cost method (round per un cost to two decimal paces and your instante is the nearest who dollar), First in, first out (FO) Lasti, t-out (FO) Weighted average Il
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