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table [ [ Date , Activities,Units Acquired at Cost,Units Sold at Retail ] , [ table [ [ March 1 ] , [
tableDateActivities,Units Acquired at Cost,Units Sold at RetailtableMarch March Beginning inventory, units @ $ per unit,tableMarch March Purchase, units @ $ per unit, units a $ per unitMarch tableSalesPurchase units @ $ per unit,tableMarch March tablePurchaseSales units @ $ per unit,March tableSalesTotals units, units @ $ per unit
Problem A Algo Part
Compute the cost assigned to ending inventory using a FIFO, b LIFO, weighted average, and specific identification. For specific identification, units sold include units from beginning inventory, units 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 Weighted
tableSecific IdAverage
Compute the cost assigned to ending inventory using LIFO.
tablePerpetual LIFO:DateGoods Purchased,Cost of Goods Sold,Inventory Balance# of units,tableCost perunittable# of unitssoldtableCost perunitCost of Goods Sold,# of units,tabletableCost perunit$
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