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Zippy Shoe Company uses a periodic inventory system. Zippy purchased 445 pairs of shoes at $62 each in June, 990 pairs in August at $64

image text in transcribedZippy Shoe Company uses a periodic inventory system. Zippy purchased 445 pairs of shoes at $62 each in June, 990 pairs in August at $64 each, and 640 pairs in December at $67 each. Zippy sold 1,855 pairs of shoes during the year. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. FIFO LIFO Weighted Average

Save 4 Zippy Shoe Company uses a periodic inventory system. Zippy purchased 445 pairs of shoes at $62 each in June, 990 pairs in August at $64 each, and 640 pairs in December at $67 each. Zippy sold 1,855 pairs of shoes during the year. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required c Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method. Cost of Goods Sold Ending Inventory

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