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Thvertory by Three Methods The units of an item wilable for sale during the year were as follows: an. 1 Inventory 26 units at $200
Thvertory by Three Methods The units of an item wilable for sale during the year were as follows: an. 1 Inventory 26 units at $200 per unit Feb. 19 Purchase 54 units at 230 perunt June Purchase 61 units at $520 per unit Oct. 7 Purchase 57 units at $275 per un There we 48 units of the tem in the entry at December 31: The periodic inventory system is used Determine the inventory cost under each of the following methods - Determine the inventory cont by using the fores, first cut method b. Determine the inventory cost by the first method c. Determine the inventory cool by sing the weighted average cost method. Round intermediate calculation to cents the round final answer to the nearest whale della
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