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structions Week 1 - Income Statement Week 2 - Balance Sheet Activity FNCE 2013 - In-Class Exercise #2 per unit An inventory record card for

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structions Week 1 - Income Statement Week 2 - Balance Sheet Activity FNCE 2013 - In-Class Exercise #2 per unit An inventory record card for item A-903 show the following details in 2019, 1-Mar 60 units in opening inventory at a cost of $70 per unit 9-Mar 120 units purchased at a cost of S64 per unit 18-Mar 70 units sold 24-Mar 44 units purchased at a cost of $80 per unit 29-Mar 100 units sold per unit Complete the following loventory valuations using the numbers above Using First in First out Inventory Valuation Method Date Purchases Sales March Unit Cest value Quantity init Cest value Quantity Balance Unit Cost Value 1-Mar 9.Mar 18-Mar 24. Mar 29. Mar Using Weighted Average Inventory Valuation Method Purchases Sales Quantity Unit Cost value Quantity Unit Cost Value Quantity Date Balance Unit Cost Value 1-Mar 9-Mar 18. Mar 24-Mar 29. Mar Purchases Sales Balance Date Quantity Unit Cost Value Quantity Unit Cost Value Quantity Unit Cost Value 1-Mar 9-Mar 18-Mar 24-Mar 29. Mar

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