QS 6-3 Computing goods available for sale LO P1 Wattan Company reports beginning inventory of 25 units at $39 each. Every week for four weeks it purchases an additional 25 units at respective costs of $40, $41, $44, and $49 per unit for weeks through 4 Compute the cost of goods available for sale and the units available for sale for this four-week perlod Assume that no sales occur during those four weeks Units Units cost Cost of Goods Available 2573 3000 $ 975 Activity Beginning Inventory 1st week purchase 2nd week purchase 3rd week purchase 4th were purchase Units available for sale Cost of goods available for sale 25 $ 075 Prey 1 of 6 Next > 2 QS 6-7A Periodic: Inventory costing with FIFO LO P3 25 A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sels 260 units Ending inventory at January 31 totals 120 units Unitsit Cost Beginning inventory on January 1 230 $ 2.10 Purchase on January 9 50 2:30 Purchase on January 25 2.44 300.00 Required: Assume the periodic inventory system is used Determine the costs assigned to ending Inventory when costs are assigned based on the FIFO method on externa browser daunch unt=http%253A%252F%252Fnewconnect.education.com 252Fs/activi 5 Help Save & Exit Submit QS 6-7A Periodic: Inventory costing with FIFO LO P3 A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 260 units Ending inventory at January 31 totals 120 units Beginning inventory on January 1 Purchase on January Purchase on January 25 Units 238 se 100 Unit Cost $ 2.10 2.30 2.44 Required: Assume the periodic Inventory system is used. Determine the costs assigned to ending inventory when costs are assigned based on the FIFO method Periodic FIEO Cost of Goods Available for Sale of Cost of Goods Cost per units unit Available for Sale Costel Goods Sold Inventory Balance # of units Cost per of units Cost of Cost per In ending Ending sold nit Goods Sold unit inventory Inventory Bog Inventory Purchases January 9