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Question #4-Inventory Costing Methods (11 marks) Jan-Con Company provides the following information for the month of August Units S/Unit Total inventory 40 S30 $ 1,200

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Question #4-Inventory Costing Methods (11 marks) Jan-Con Company provides the following information for the month of August Units S/Unit Total inventory 40 S30 $ 1,200 60 $35 $2,100 60 $6,000 $40 S3,600 70 $70 $4,900 Date Aug 1 Aug 3 Aug 10 Aug 22 Aug 24 se ale 100 rchase 90 le Required NOTE- MUST SHOW CALCULATIONS FOR EACH METHOD FOR FULL MARKS (a)What is the value of the ending inventory assuming the company uses a periodic inventory system and the weighted-average method? (b) What is the cost of goods sold if the company uses a perpetua inventory system and the FIFO method of valuing inventory? (c) What is the cost of goods sold if the company uses a perpetual inventory system and the moving- weighted- average-cost method of valuing inventory

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