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table [ [ Date , Activities,Units Acquired at cost , Units Sold at Retail ] , [ March 1 , Beginning inventory, 1 3
tableDateActivities,Units Acquired at costUnits Sold at RetailMarch Beginning inventory, units @ $ per unit,March Purchase, units @$ per unit,March Sales,, units @ $ per unitMarch Purchase, units @ $ per unit,March Purchase, units @ $ per unit,March Sales,, units @$ per unitTotals units, units
Compute the cost assigned to ending inventory using a FIFO, b LIFO, c weighted average, and d specific identification. For specific identification, units sold include units from beginning inventory, unjts from the March purchase, units from the March purchase, and units from the March purchase.
Complete this question by entering your answers in the tabs below.
Perpetual FIFO Perpetual LIFO
tableWeightedAverage Specific Id
Compute the cost assigned to ending inventory using LIFO.
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