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please calculate LIFO AND WEIGHTED-average PF6A-37B (similar to) Futuristic Electronic Center began December with 60 units of merchandise inventory that cost $68 each During December,

please calculate LIFO AND WEIGHTED-average image text in transcribed
PF6A-37B (similar to) Futuristic Electronic Center began December with 60 units of merchandise inventory that cost $68 each During December, the store made the following purchases: Click the icon to view the purchases) Futuristic uses the periodic inventory system and the physical count at December 31 indicates that 90 units of merchandise inventory are on hand. Read the requirements Requirement 1. Determine the ending merchandise inventory and cost of goods sold amounts for the December financial statements using the FIFO, LIFO, and weight LIFO FIFO 7.900 - - X Data Table Ending inventory Cost of goods sold 0.240 Dec. 3 Dec. 12 40 units 572 each 50 units S90 each 30 units @ $92 each Dec. 18 Print Done Enter a number in the filthn Chan A

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