P7 3 (Static) Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7 2, 7 3 At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16 per unit Transactions Units Amount Inventory, January 1 500 $2,365 Purchase, January 12 600 3,600 Purchase, January 26 160 1,280 Sale (370) Sale (250) Assuming the use of a periodic inventory system, compute Cost of Goods Sold under each method of inventory average cost, FIFO, LIFO, and specific identification For specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the January 12 purchase Please help me get the cost per unit as you can See it I got it wrong red x

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P7-3 (Static) Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3 At the end of January of the current year, the

P7-3 (Static) Evaluating Four Alternative Inventory Methods Based on Income and Cash Flow LO7-2, 7-3

At the end of January of the current year, the records of Donner Company showed the following for a particular item that sold at $16 per unit:

Transactions	Units	Amount
Inventory, January 1	500	$2,365
Purchase, January 12	600	3,600
Purchase, January 26	160	1,280
Sale	(370)
Sale	(250)

Assuming the use of a periodic inventory system, compute Cost of Goods Sold under each method of inventory: average cost, FIFO, LIFO, and specific identification. For specific identification, assume that the first sale was selected from the beginning inventory and the second sale was selected from the January 12 purchase.

Please help me get the cost per unit as you can See it I got it wrong - red x