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Oriole Company Inc. had a beginning inventory of 120 units of Product RST at a cost of $7 per unit. During the year, purchases were:

Oriole Company Inc. had a beginning inventory of 120 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 May 5 660 (a) 596 units at units at $8 $9 The cost of goods available for sale Aug. 12 Determine the cost of goods available for sale. Dec. 8 Weighted-average cost per unit Oriole Company uses a periodic inventory system. Sales totaled 1,570 units. $ 464 120 units at units at Calculate weighted-average cost per unit. (Round answer to 3 decimal places, e.g. 5.125.) $10 $11
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Oriole Company Inc. had a beginning inventory of 120 units of Product RST at a cost of $7 per unit. During the year, purchases were: Oriole Company uses a periodic inventory system. Sales totaled 1.570 units. (a) Determine the cost of goods available for sale. The cost of goods available for sale Calculate weighted-average cost per unit. (Round answer to 3 decimal places, es. 5.125.) Weighted-average cost per unit Determine the ending imventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost). (Round answers to 0 decimal places, eg. 150.)

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