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Periodic inventory by three methods Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1 , purchases invoices during

Periodic inventory by three methods
Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows:
2.DETERMINE THE COST OF THE INVENTORY ON DECEMBER 31 BY LAST IN FIRST OUT METHOD
Following: Model, Quantity, Unit Cost, Total cost
3. DETERMINE THE COST OF THE INVENTORY ON DECEMBER 31 by the Weighted average cost method. Following: Model, Quantity, Unit Cost and total cost
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