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Required information The following formation applies to the questions displayed below.) Claude Giroux is the owner of Grow's Hockey Sucks, Incorporated (GHS) Grou's company is

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Required information The following formation applies to the questions displayed below.) Claude Giroux is the owner of Grow's Hockey Sucks, Incorporated (GHS) Grou's company is a wholesaling company that buys hockey sticks from the manufacturer, and then sells them in bulk to retail stores across the country. GHS uses a periodic Inventory system, and is creating its annual financial statements for calendar year 2017 GHSTS December 31, 2017 accounting records for its most popular hockey stick model in Inventory, the Puck Smasher, showed the following. Units Unit Cost $ 3.00 Total Cost $ 5.250 Transactions Inventory, January 1, 2017 Sale, March 15 Purchase, May 17 Sale, August 20 Purchase, October 5 700 1750 (1600) 2.900 (1,900) 1,500 20,300 10.00 15.000 Requirement 1 Compute the "Puck Smashers' cost of goods available for sale. Cast of Goods Available For Sale Requirement 2 Claude Girou would like to find out the differences in Cost of Goods Sold and Ending Inventory values under various Inventory costing methods. Compute the "Puck Smasher's cost of ending Inventory and cost of goods sold at December 31, 2017 Claude Giroux is requiring that you run the calculations using the weighted average costing: first in first-out; latin first out and specin identification methods. For Specinc Identification. Giroux reports that the "Puck Smashers sold on March 15 came from the beginning Inventory and the "Puck Smashers sold on Augus: 20 all came out of the May 17 purchase. (IMPORTANT: When doing weighted average calculations, do not round Weighted average cost per unit!!! Final answers only should be rounded the nearest dollar amount) Cost of Ending hanton Cost of onde Hold WASCO CLO LC

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