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Question 2 (15 marks) 30 The inventory records of Beta Ltd. showed the following transactions for one item of inventory Transaction Units Unit Cost 1.

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Question 2 (15 marks) 30 The inventory records of Beta Ltd. showed the following transactions for one item of inventory Transaction Units Unit Cost 1. Opening Inventory $19 2. Purchase 45 $20 3. Sale (@$30/unit) 50 4. Purchase 50 $21 5. Sale (@$32/unit) 50 6. Purchase 50 $22 Required: Calculate and complete the total dollar amounts for the following table: (round all average cost amounts to two decimal places for calculations and reporting) Method I COGS ($) Ending Inventory ($) FIFO - Perpetual Average Cost - Periodic Average Cost - Perpetual Show any calculations here or on a separate new page

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