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Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per
Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using weighted average. (Round cost per unit to 2 decimal places.) b) Average Cost Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available for Average Cost per Average Cost per Unit #of units Average Cost per unit #of units sold Cost of Ending Inventory # of units in ending inventory Goods Sold Sale unit Beginning inventory Purchases: Jan. 20 Jan. 30 Total 0 0 Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. Ending Inventory c) FIFO Cost of Goods Available for Sale Cost of Goods Sold # of units Cost per Cost of Goods Available for #of units in ending inventory # of units sold Cost per unit Ending Inventory Cost of Cost unit Goods Sold per unit Sale Beginning inventory Purchases: Jan. 20 Jan. 30 Total S C 0 Weighted Average Specific Id FIFO LIFO Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. d) LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods# of units of units of units Ost per unit Cost per unit Cost of Cost Ending Inventory Available for Sale in ending inventory sold Goods Sold per unit Beginning inventory Purchases: Jan, 20 Jan. 30 0 $ C Total
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