The red highlighted answers are incorrect

Paste Merge & Center - $ - % , Format Painter Clipboard Condi Forma Font Alignment Number T28 H A B C D E 1 Porter Supplies Co., tracks the number of units purchased and sold throughout 2 each accounting period, but applies its inventory costing method at the end of 3 each period, as it uses a periodic inventory system 5 Assume is accounting records provided the following information for the month of 6 March. You are the Accounting Manager, and you have been asked to 7 provide management with the inventory valuation at March 31st, using three 8 methods, FIFO, LIFO and Weighted Average 10 (Round to the nearest perny) Units Cost! Unit IFFO Using Weighted Average 150 400 150 400 250 250 $ $ S $ 31 04 31 11 32 00 34.00 250 4.656 12.444 8,000 8.500 33,600 250 1,050 (225) 13 Beginning Balance 3/1 14 Purchased on 3/8 15 Purchased on 3/18 16 Purchase on 3/27 17 18 Sold on 3/10 19 Sold on 3/20 20 Sold on 3/25 21 22 Ending Inventory 3/31 23 24 At March 31 25 What is the amount of ?? (325) (275) 6.999.75 10400 8 800 26,199.75 7.650 weighted average cost 10,400 33,600/1,050 8.555.25 26,605 25 32 $32 per unit 225 units Cost of Goods Sold Ending Inventory 27 Using FIFO S 7,400 25 26,199.75 30 Using LIFO 6,994.75 26,605,25 33 Using Weighted Average 26,400 7,200 Sheet1 Ready