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Walt Disney Company had 1,000 units of inventory on hand at October 1 of the current year, costing $250 each. Purchases and sales of inventory

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Walt Disney Company had 1,000 units of inventory on hand at October 1 of the current year, costing $250 each. Purchases and sales of inventory during the month of October were as follows: Date Purchases Sales October 8 475 units October 15 500 units @ $300 each October 22 500 units @ $325 each October 29 725 units Walt Disney Company uses the periodic inventory system. units 1. How many units are available for sale? 2. What is the cost of goods available for sale? $ 1. How many units are available for sale? units 2. What is the cost of goods available for sale? $ 3. How many units were sold? units 4. How many units were in ending inventory? units AVERAGE COST METHOD 5. The cost of inventory applying the average cost method is: $ 6. The cost of goods sold applying the average cost method is: $ FIFO METHOD 7. The cost of inventory applying the FIFO method is: $ FIFO METHOD 7. The cost of inventory applying the FIFO method is: $ 8. The cost of goods sold applying the FIFO method is: $ LIFO METHOD 9. The cost of inventory applying the LIFO method is: $ 10. The cost of goods sold applying the LIFO method is: $

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