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JUNS Displayed Dew. The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations: Jan. 20Purchased Apr. 21 Purchased July

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JUNS Displayed Dew. The Shirt Shop had the following transactions for T-shirts for 2018, its first year of operations: Jan. 20Purchased Apr. 21 Purchased July 25 Purchased Sept. 19 Purchased 400 units 200 units 280 units 90 units EDED $ 8 - $10 = $13 = $15 = $3,200 2,000 3,640 1,350 During the year. The Shirt Shop sold 810 T-shirts for $20 each. Exercise 5-20 Part a Required a. Compute the amount of ending inventory The Shift Shop would report on the balance sheet, assuming the following cost flow assumptions: FFOIL Follandys) weighted average Round intermediate calculations to 2 decimal praces and inal answers to the nearest whole dollar amount. FIFO LIFO Weight 20 Part a Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FIFO (2) LIFO, and (3) weighted average. Round intermediate calculations to 2 decimal places and final answers to the nearest whole dollar amount. FIFO LIFO Weighted Average Ending inventory 7 of 8 Next >

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