Use the data from Problem 6-1A and do Part 1, Assuming Stilton Company uses a periodic inventory

Question:

Use the data from Problem 6-1A and do Part 1, Assuming Stilton Company uses a periodic inventory costing system. Round calculations to two decimal places.
1. Calcuulate the dollar value of cost of goods sold and using.
a. FIFO
b. Moving weighted average. Round to two decimal places. Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...