shania twain

2 (LO 3) (FIPO, LIFO, Average-Cost Inventory) Shania Twain Company was formelon mber 1, 2019. The following information is available from Twain's inventory records for Product BAP. Size 814.9 View CHAPTER 8 Valuation of Inventories: A Cost-Basis Approach Units 600 Unit Cosi $ 8.00 January 1, 2020 (beginning inventory) Purchases January 5, 2020 January 25, 2020 February 16, 2020 March 26, 2020 1,200 1,300 800 600 9.00 10.00 11.00 12.00 A physical inventory on March 31, 2020, shows 1.600 units on hand. Instructions Prepare schedules to compute the ending inventory at March 31, 2020, under each of the following in ventory methods. 3. FIFO b. LIFO. c. Weighted average (round unit costs to two decimal places) F.13 Loa) Compute FIFO, LIFO, Average-Cost--Periodio