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Please answer and be specifc Savod Consider the following information for Maynor Company, which uses a periodic inventory system: 30 Units 25 January 1 March
Please answer and be specifc
Savod Consider the following information for Maynor Company, which uses a periodic inventory system: 30 Units 25 January 1 March 28 August 22 October 14 Goods Available for Sale Transaction Beginning Inventory Purchase Purchase Purchase Unit Cost Total Cost $75 $ 1,75 81 2,835 95 4,250 91 5,005 $13,965 points 165 8 0202.17 The company sold 55 units on May 1 and 50 units on October 28. Required: Calculate the company's ending Inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required C FIFO Ending Inventory Cost of Goods Sold Required B > January 1 March 28 August 22 October 14 Goods Available for Sale Beginning Inventory Purchase Purchase Purchase The company sold 55 units on May 1 and 50 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using t a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required C FIFO Ending Inventory Cost of Goods Sold Required B Goods Available for JAIL The company sold 55 units on May 1 and 50 units on October 28 Required: Calculate the company's ending inventory and cost of goods sold a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs Required A Required B Required o LIFO Ending Inventory Cost of Goods Sold Step by Step Solution
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