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Required information Exercise 5-4A (Algo) Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross margin LO 5-1 The following information applies to

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Required information Exercise 5-4A (Algo) Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross margin LO 5-1 The following information applies to the questions displayed below) The following information pertains to Mason Company for Year 2 hining inventory the purchased 168 Ending inventory consisted of 68 units Mason sold 562 units at $168 each. All purchases and sales were made with cash Operating expenses amounted to $4,350, Exercise 5-4A (Algo) Part c. Compute the amount of ending inventory using (FIFO.LIFO, and (3) weighted average. Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) Ending inventory FO Weigheder

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