Required:

Determine the cost assigned to ending inventory and to cost of goods sold using $($a$)$ specific identification, $($b$)$ weighted average,

$($c$)$ FIFO, and $($d$)$ LIFO.

Compute gross profit for the four inventory methods.

Enter answers in the tabs below.

Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. A$-$or specific identification, ending inventory consis

where $190$ are from the April $30$ purchase, $5$ are from the April $18$ purchase, and $20$ are from beginning inventory.

Determine the cost assigned to ending inventory and to cost of goods sold using specific identification. For specific identification, ending inventory cons

where $190$ are from the April $30$ purchase, $5$ are from the April $18$ purchase, and $20$ are from beginning inventory.

Req $1$A

Req $B$

Req$1$C

Req$1$D

Req $2$

Jetermine the cost assigned to ending inventory and to cost of goods sold using weighted average. $($Round cost per unit to $2$ decimals.$)$

$\backslash$table$[[\backslash$table$[[$Weighted Average $-$ Periodic$]],$Cost of Goods Available for Sale,$\backslash$table$[[$Cost of Goods Sold$]],$Ending Inventory$],[$eginning inventory,$\backslash$table$[[$Number of$],[$units$]],\backslash$table$[[$Average Cost$],[$per unit$]],\backslash$table$[[$Goods$],[$Available$],[$for Sale$]],\backslash$table$[[$Number$],[$of units$],[$sold$]],\backslash$table$[[$Average$],[$Cost per$],[$Unit$]],\backslash$table$[[$Cost of$],[$Goods$],[$Sold$]],\backslash$table$[[$Number of$],[$units in$],[$inventory$]],\backslash$table$[[$Average Cost$],[$per unit$]],\backslash$table$[[$Ending$],[$Inventory$]]],[,,,,,,,,,],[$April $18,70,,420,,,,,,],[$April $30,190,,1,045,,,,,,],[$tal$,405,,$$$2,480,,,$$$0,,,$$$0$