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Riverbed Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the purchase of inventory... Exercise $ - 17 Riverbed Corporation

Riverbed Corporation began operations on December 1, 2016. The only inventory transaction in 2016 was the purchase of inventory...

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Exercise $ - 17 Riverbed Corporation began operations on December 1 , 2016 . The only inventory transaction in 2015 was the purchase of inventory on December 10 , 2015 , at a cost of $ 20 per unit . None of this inventory was sold in 2015 . Relevant information for fiscal 2017 is as follows :" Ending inventory units :" December 31 , 2015 130 December 31 , 2017 , by purchase date - Dec . 2 , 2017 130 - July 20 , 2017 30 1 150 During 2017 , the following purchases and sales were made :" Purchases Sales Mar . 15 350 units at $24 APT . 10 221) July 20 350 units at $ 25 Aug . 20 300 Sept . 4 250 units at $30 Nov . 18 170 Dec . 2 130 units at $30 Dec . 12 360 The company uses the periodic inventory method . Determine ending inventory under Specific identification . Ending inventory\\ $Determine Ending inventory under FIFO ! Ending inventory* LINK TO TEXT\\ LINK TO TEXT* Determine ending inventory under weighted average cost . ( Round weighted average cost per unit to 2 decimal places , e.g. 52. 75 and final answer to O decimal places , & .J. 5, 275.) Ending inventory* $

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