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Required 1. Required 2. Required 3. 2 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory
Required 1. Required 2. Required 3.
2 Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month of January. Sales totaled 310 units 14.28 points Date Units Unit Cost Total Cost Beginning Inventory Purchase Purchase anuary1 January 1.5 anuary 24 240 360 200 S 80 90 110 $19,200 32,400 22,e00 eBook Required 1. Calculate the number and cost of goods available for sale 2. Calculate the number of units in ending inventory 3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods. Hint Ask Complete this question by entering your answers in the tabs below Print Required 1Required 2 Required 3 References Calculate the number and cost of goods available for sale Number of Goods Available for Sale units Cost of Goods Available for Sale Required 1 Required 2>Step by Step Solution
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