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pany had the following balances and transactions during 2017 eginning inventory 10 units at $70 March 10 sold 8 units for $100 June 10 purchased
pany had the following balances and transactions during 2017 eginning inventory 10 units at $70 March 10 sold 8 units for $100 June 10 purchased 20 units at $80 October 30 sold 15 units for $100 SHOW YOUR CALCULATIONS What would the companys inventory amount be on the De FIFO costing method is used? (Answers are rounded to the ne Ending Inventowy the December 31, 2019 balance sheet if the perpetua founded to the nearest dollar.) 70 units 72 What would the companys inventory amo 72 costing method is used? (Answers are rounded to the nearest dollar.) mory amount be on the December 31, 2019 balance sheet if the period heet if the periodie FIFO 73 74 What would the companys inventory amour "mc companys inventory amount be on the December 31, 2019 balance sheet if the perpet LIFO costing method is used? (Answers are rounded to the nearest dona. 75 76 What will what would the companys inventory amount be on the December 31, 2019 balance sheet if the periodic LIFO costing method is used? (Answers are rounded to the nearest dollar.) What would the companys inventory amount be on the December 31, 2019 balance sheet if the perpetual average costing method is used? (Answers are rounded to the nearest dollar.) What would the companys inventory amount be on the December 31, 2019 balance sheet if the periodic average costing method is used? (Answers are rounded to the nearest dollar.) 80
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