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PF6A-32A (similar to) Futuristic Electronic Center began December with 70 units of merchandise inventory that cost $74 each. During December, the store made the following

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PF6A-32A (similar to) Futuristic Electronic Center began December with 70 units of merchandise inventory that cost $74 each. During December, the store made the following purchases (Click the icon to view the purchases) Futuristic use the periodic wventory system, and the physical count of December 31 indicates that 80 units of merchandise inventory are on hand. Read the moments Requirement 1. Datormine the ending merchandise inventory and cost of goods sold amounts for the December financial statements using the FIFO, LIFO, and weighted average inventory conting methods. FIFO LIFO Ending inventory 6,860 Data Table Cost of goods sold 5,040 Dec 3 Dec 12 Dec, 18 20 units 578 each 30 units 57 each 40 unit 504 each Print Done Enter any number in the edit fields and then click Check

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