Question: 1 3.33 oints 00:52:38 References TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic


TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 75 units on May 1 and 70 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. UFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method. TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 75 units on May 1 and 70 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO e. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the Lifo inventory costing method. TB Problem 7.196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: The company sold 75 units on May 1 and 70 units on October 28. Required: Calculate the companys ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. UFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventery and cost of goods sold using the Weighted Average inventory costing method. (Aound the per unit cost to two decimal places and then round your answers to the nearest whole dollar.)
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