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Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year,

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Scoresby Inc. tracks the number of units purchased and sold throughout each year but applies its inventory costing method at the end of the year, as if it uses a periodic inventory system. Assume its accounting records provided the following information at the end of the annual accounting period, December 31 Unit Unita Cost 4,000 $20 Transactions a. Inventory, Beginning Por the year b. Purehase, March 5 e. Purchase, September 19 d. Sale, April 15 (sold for $65 per unit) e. Sale, October 31 (sold for $68 per unit) f. Operating expenses (exeluding income tax expense), $ 0,000 10,000 21 6,000 23 4,400 9,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 6 Calculate the number of units in ending inventory. Ending Inventory units K Required 1 Required 3> Complete this question by entering your answers in the tabs below. ame Required 1 Required 2 Required 3Required 4 Required 6 Compute the cost of ending inventory and cost of goods sold under (a) FIFO, (b) LIFO, and (c) weighted average cost. Cost of Ending Cost of Goods Inventory Sold FIFO LIFO Weighted Average Cost

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