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. The inventory records of The Kissner's Consulting Group reflected the following information for the year: Number Unit Date and Transaction of units Cost 1/1
. The inventory records of The Kissner's Consulting Group reflected the following information for the year:
Number Unit Date and Transaction of units Cost
1/1 Beginning Inventory. 12 $ 40
2/12 Purchase 8 45
4/15 Sale 15 -
5/17 Purchase 10 46
5/19 Sale 5 -
9/28 Purchase 15 50
11/2 Sale 5 -
Using the periodic inventory system, determine the dollar amounts to be assigned to Ending Inventory and Cost of Goods Sold under each of the following methods:
Cost of good sold and ending invenotry for each
Weight average
Fifo
LIFO
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