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Reiner Metals, Ltd, had the following inventory transactions during the month of Manch (in British pounds Ey EEB (Cick the ioon to vilew the inventory

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Reiner Metals, Ltd, had the following inventory transactions during the month of Manch (in British pounds Ey EEB (Cick the ioon to vilew the inventory data) On March 31, a count of the ending inventory was completed, and 9,000 units were on hand Requirement By using the periodic inventory system, caloulatie the cost of goods sold and ending inventory using LIFO, FIFO, and weighted-average inventory melhods Start by caloulating the value in ending inventory under each of the three methods Begin by completing the table below to determine the vakue in ending inventory using LIFO (Last-in, First-out) (Leave any unused cels blank. Do not enter a " inventory 31 beginning inventory Weok 1, purchases Week 2, purchases for any zero-balances.) ,000 23E14,100 14,100 Data Table 3.000 x 2.30 -t 6,000 230 " Week 4, purchases Ending inventory LIFO Next, compule the ending inventory value using FIFO (First-in, First-out) (Leave any unused ceils blank. Do not enter a o for Inventory Layer V1 beginning inventory6,000 units @t 2.35 14,100 ,500 unitsGE 2.30 4.950 7.650 4,230 2.070 Week 1, purchases Week 2, purchases 21,000 4,500 unts ec 1.70 3,000 units QE 141 Week 4, purchases Unis Unil cost Total cost Print Done Vesk 1, purchases Choose from any list or enter any number in the input felds and then cck Check

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