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

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 inventory system: Unit Cost Total Cost $ 2,975 4,095 6,650 7,575 $ 21,295 January 1 March 28 August 22 October 14 Transaction Beginning Inventory Purchase Purchase Purchase Goods Available for Sale The company sold 75 units on May 1 and 70 units on October 28. a. FIFO b. LIFO c. Weighted Average Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. Complete this question by entering your answers in the tabs below. Required A Required B Required C Units 35 45 70 75 225 $ $ Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method. Ending Inventory Cost of Goods Sold 10,410 10,883 Required A $85 91 95 101 Required B
 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 inventory system: Unit Cost Total Cost $ 2,975 4,095 6,650

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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