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Problem 2 Beginning inventory, purchases and sales data for computer chips for June are as follows: Inventor Purchases Sales June 1 0.000 units Siune 10
Problem 2 Beginning inventory, purchases and sales data for computer chips for June are as follows: Inventor Purchases Sales June 1 0.000 units Siune 10 2 0 nits at $141 Pune 12 1.100 300 STC Pune 1 6 .30 Tungo 300 Instructions: a. Assuming that the perpetual inventory systems is used, costing by the LIFO method determine the total purchases, cost of goods sold and ending inventory using the template below. TOALBOS DET15 YUGOS O U 3 ARROWS ENCOMMONY GOETOMOWEESOLD b. Assuming that the perpetual inventory systems is used, costing by the FIFO method determine the total purchases, cost of goods sold and ending inventory using the template below. DEJTITY RROWS COST OF COSTO MEROWCE SOLD UNITY EODET TOLGDE QUITY MENTORY UNECOST A LGET ORRORES GOTOVORICE SOLD BERGENSOR c. Assuming that the perpetual inventory systems is used, costing by the Weighted average method determine the total purchases, cost of goods sold and ending inventory using the template below. ROES GOSTOMOWE SOLD OU G OTTA COSTO MEROWCE SOLD
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