$1.$Compute the cost assigned to ending inventory using FIFO.

$2.$Compute the cost assigned to ending inventory using LIFO.

$3.$Compute the cost assigned to ending inventory using Weighted Average.$$

Complete this question by entering your answers in the tabs below.

$$ Required $1$

$$ Required $2$

$$ Required $3$

Compute the cost assigned to ending inventory using FIFO.

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Perpetual FIFO:

Goods Purchased

Cost of Goods Sold

Inventory Balance

Date

# of units

Cost per unit

# of units sold

Cost per unit

Cost of Goods Sold

# of units

Cost per unit

Inventory Balance

March $1$

$100$

@

$$50\mathrm{.}00$

$100$

@

$$50\mathrm{.}00$

$=$

$$5,000\mathrm{.}00$

March $5$

March $9$

March $18$

March $25$

March $29$

Totals

$$0\mathrm{.}00$

$$0\mathrm{.}00$

Compute the cost assigned to ending inventory using LIFO.

$$

$$

Perpetual LIFO:

Goods Purchased

Cost of Goods Sold

Inventory Balance

Date

# of units

Cost per unit

# of units sold

Cost per unit

Cost of Goods Sold

# of units

Cost per unit

Inventory Balance

March $1$

$100$

@

$$50\mathrm{.}00$

$100$

@

$$50\mathrm{.}00$

$=$

$$5,000\mathrm{.}00$

March $5$

March $9$

March $18$

March $25$

March $29$

Totals

$$0\mathrm{.}00$

Compute the cost assigned to ending inventory using Weighted Average.$($Round your average cost per unit to $2$ decimal places.$)$

$$

$$

Weighted Average Perpetual:

Goods Purchased

Cost of Goods Sold

Inventory Balance

Date

# of units

Cost per unit

# of units sold

Cost per unit

Cost of Goods Sold

# of units

Cost per unit

Inventory Balance

March $1$

$100$

@

$$50\mathrm{.}00$

$100$

@

$$50\mathrm{.}00$

$=$

$$5,000\mathrm{.}00$

March $5$

Average

March $9$

March $18$

Average

March $25$

March $29$

Totals

$$0\mathrm{.}00$