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Units Unit Cost Oct 23 100 At year-end, there was an ending inventory of 340 units. Assume the use of the periodic inventory method. Calculate
Units Unit Cost Oct 23 100 At year-end, there was an ending inventory of 340 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using a first-in, first-out, b) last-in, first-out, and the weighted average cost method. Do not round until your final answers. Round your answers to the nearest dollar Hodding Units Unit Cest Purchase Od 2 100 At year end, there was an ending inventory of 340 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first in, first-out, blast in first-out, and the weighted average cost method. Do not round until your final answers. Round your answers to the nearest dollar 200 Begining purchases: units inventory/ Feb | 500 May 18th 400 Oct 23 100 22 (a) Itin. 12 out; ending inventory, cost of goods sold (6) Last in, ist out; ending inventory, cost of goods sola (C) weighted average; ending inventory, cost of good sold * round to nearest dollar, at the end
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