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Question # 2 Accounting for Inventory Use the following information for Questions to solve (a), (b) and (c). Malika Products purchases inventory during the month

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Question # 2 Accounting for Inventory Use the following information for Questions to solve (a), (b) and (c). Malika Products purchases inventory during the month of April as follows: April No. of Units Unit Price 10th 2500 12.00 $ 15th 1500 11.50 $ 21541 1000 11.00 $ On 25th April, 3,000 units are sold. a) Using the information provided above, calculate the cost of sales and inventory value using the weighted average method. b) Using the information provided above, calculate the cost of sales and inventory value using the FIFO method. c) Using the information provided above, calculate the cost of sales and inventory value using the LIFO method. Paragraph B 1 EP 2

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