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The following data relate to the beginning inventory, purchase, and sales of Braxton Company for the year 2012: a. Assuming use of the perpetual inventory

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The following data relate to the beginning inventory, purchase, and sales of Braxton Company for the year 2012: a. Assuming use of the perpetual inventory procedure, compute the ending inventory and cost of goods sold under each of the following methods: (1) FIFO, (2) LIFO, and (3) weighted-average (carry unit cost to four decimal places and round total cost to nearest dollar). Repeat a assuming use of the periodic inventory procedure

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