Periodic FIFO Beginning invent Purchase Sale Purchase 4,190$20 4,63025 3,640 $38 5,950 $28 5,180 $40 $20 $83,800 $25 $115,750 $199,550 1-Jan Beginning Inventor 4,190 12-Feb Purchase 8,820 Perpetual FIFO $20 $72,800 $25 $131,150 2-Mar COGS 3,640 31-May COGS 8,820 Periodic LIFO 18-Apr Purchase 12-Feb Purchase $28 $166,600 $25 $71,750 $238,350 5,950 8,820 Perpetual LIFO Purchases Sales (Cost of Goods Sold) Balance (Ending Inventory) $20$83,800 $25 $115,750 38$138,320 $28$166,600 S40 $207,200 4,190$20 $83,800 990 $25 $24,750 1-Jan Beg Inv 12-Feb Purchase 2-Mar Sale 18-Apr Purchase 4190 3,640 $25 $91,000 770 $28 $21,560 31-May Sale 5180 $28.00 $145,040 Totals 23,590 711,670 8,820 236,040 5,950 130,110 Option1 Periodic weighted average Total Units Sold 8,820 Beginning Inventory Purchases $20$83,800 $25 $115,750 4,190 4,630 5.950 $28 $166,600 14,770 5366,150 Weighted Average/Per Unit $24.79 Cost of Goods Sold $218,648 Perpetual Moving Average Purchases Sales (Cost of Goods Sold) Balance (Ending Inventory) We 1-an Beg Inv 12-Feb Purchase 2-Mar Sale 18-Apr Purchase 31-May Sale 4,190$20 $83,800 83800/4190- 20 5,180$23 $119,140 5180*23-119,140 5,950$26 $154,700 4,630 $25$115,750 28 $166,600 282,350 199,550/8820 22.62 3,640 $38.00 $23 5,950 285,740/11,130-25.67 5,180 $40.00 8,820 $26 229,320 Totals 10,580 5,950 $154,700