Use the following data for the next 3 questions Beginning inventory, purchases, and sales data for inventory are as follows Mar 3 Inventory 20 units at $360 11 Purchase 260 units at $342 21 Purchase 40 units at $357 Physical Inventory March 31 57 units Round the FINAL answer to the nearest whole number 54 Using the periodic inventory, under a FIFO cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively a $20,094 $90,306 b $20,121, $90,279 c $19,665 $90,735 d $19,854, $90,546 55 Using the periodic inventory, under a LIFO cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively a $20,094 $90,306 b $20,121, $90,279 c $19,665, $90,735 d $19,854, $90,546 56 Using the periodic inventory, under a Weighted Average cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively a $20,094, $90,306 b $20,121, $90,279 c $19,665, $90,735 d $19,854, $90,546

Question

Use the following data for the next 3 questions  Beginning inventory, purchases, and sales data for inventory are as follows  Mar  3 Inventory 20 units at $360 11 Purchase 260 units at $342 21 Purchase 40 units at $357 Physical Inventory March 31   57 units   Round the FINAL answer to the nearest whole number  54 Using the periodic inventory, under a FIFO cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively  a  $20,094 $90,306 b  $20,121, $90,279 c  $19,665 $90,735 d  $19,854, $90,546 55 Using the periodic inventory, under a LIFO cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively  a  $20,094  $90,306 b  $20,121, $90,279 c  $19,665, $90,735 d  $19,854, $90,546 56 Using the periodic inventory, under a Weighted Average cost flow assumption, what is the cost of the ending inventory and the cost of the merchandise sold respectively  a  $20,094, $90,306 b  $20,121, $90,279 c  $19,665, $90,735 d  $19,854, $90,546

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Question

Use the following data for the next 3 questions: Beginning inventory, purchases, and sales data for inventory are as follows: Mar. 3 Inventory 20 units

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