The following is a record of Waterway Companys transactions for Boston Teapots for the month of May 2020. -Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 666 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO?

-Assuming that perpetual records are maintained and they tie into the general ledger, calculate the ending inventory using (1) FIFO and (2) LIFO.

Question 10 View Policies Current Attempt in Progress The following is a record of Waterway Company's transactions for Boston Teapots for the month of May 2020 May 1 Balance 476 units @ $20.00 May 10 Sale 357 units @ $37.00 12 Purchase 714 units @ $27.00 20 Sale 643 units @ $37.00 28 Purchase 476 units @ $31.00 Assuming that perpetual inventories are not maintained and that a physical count at the end of the month shows 666 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO? FIFO (2) UFO Ending Inventory 5 eTextbook and Media Assuming that perpetual records are maintained and they tie into the general ledger, calculate the ending inventory using (1) FIFO and (2) LIFO. FIFO LIFO Ending Inventory s eTextbook and Media