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Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using

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Required 1 Required 2 Required 3 Required 4 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. (Round cos places.) Specific Identification Available for Sale Cost of Goods Sold Ending Inventory Ending Ending Purchase Date Activity Units Unit Units Cost Per Unit Cost COGS Inventory. Inventory- Cost Sold Unit Units Cost Jan. 1 Beginning inventory 170 $ 9.50 145 $ 9.50 $ 1,378 25 $ 9.50 $ 238 Jan. 20 Purchase 120 $ 8.50 115 $ 8.50 $ 978 5 $ 8.50 $ 43 Jan. 30 Purchase 2401 $ 8. 000 240$ 8.00 $ 1,920 260 $ 2,356 270 $ 2,201 530 Required 2 > Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decim Inventory Balance Weighted Average - Perpetual: Goods Purchased Date # of Cost per units unit Cost of Goods Sold Cost per Cost of Goods unit # of units sold rences Cost per # of units Inventory Balance Sold unit Rate January 1 170 @ $ 9.50 - $ 1,615.00 January 10 130 @ $ 9.50-S 1,235.00 January 20 201 et $ 8.50 @ $ 8.50 120 120 1,020.00 $ 1,020.00 Average cost January 25 130 @1 January 30 240 @ $ 8.00 $ 8.00 1.920.00 240 @ 240 @ Totals $ 1,235.00 Required information Required 1 Required 2 Required 3 Required 4 Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO: Goods Purchased of Cost per units Cost of Goods Sold of units Cost per Cost of Goods sold Unit Sold Date Inventory Balance Cost per Inventory # of units unit Balance 170 @ $ 9.50 - $ 1,615.00 rences January 1 January 10 January 20 January 25 January 30 Totals Required information Determine the cost assigned to ending Inventory and to cost of goods sold using LIFO. (Round cost per unit to 2 decimal places.) Perpetual LIFO: Goods Purchased of Cost per units unit Cost of Goods Sold of units Cost per Cost of Goods sold unit Sold Inventory Balance Cost per Inventory unit Balance Date January 1 170 @ $ 9.50 - $ 1,615.00 Inces January 20 January 25 January 30 Totals

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