2. If the store manager wants the most current cost for ending inventory, which method should he choose? The store manager should choose (LIFO-FIFO-Specific identification-Weighted-average) because the cost of inventory is ( lowering-increasing-has not changed) , and therefore, results in the most current cost for ending inventory.

Eastern Sporting Goods started April with an inventory of 9sets of golf clubs that cost a tctal of $1,314. During Aprl, Easem purchased 24 sets of clubs for $3,064. At the end of the month, Eastern had four sets of golf clubs on hand The store manager must select an inventory costing methed, and he asks you to toll him bon cost of goode sod and ending inventory under these ree acccuntng methode, asuming the periodic invontory aystem ueed: 1a. We ghted-average cos 2. I the store manager wats the most cument cost for ending invertory, which metnod shoukd he chocse? Determine the cost of goods 8old and ending invenory amouna under the two metnods. (Round your interim calculstions to the nearest cent Round your final answers to the nearest dollar) 1a. Awerage Cost FIFO CoS Coet of gcods scld Ending inventory 2. It the atore manager wants the moet curent cos for ending iwentory which metnod should he choose The store managers hould choose because the cost of inventory and therefore, results in the most current cos for ending inventory Eastern Sporting Goods started April with an inventory of 9sets of golf clubs that cost a tctal of $1,314. During Aprl, Easem purchased 24 sets of clubs for $3,064. At the end of the month, Eastern had four sets of golf clubs on hand The store manager must select an inventory costing methed, and he asks you to toll him bon cost of goode sod and ending inventory under these ree acccuntng methode, asuming the periodic invontory aystem ueed: 1a. We ghted-average cos 2. I the store manager wats the most cument cost for ending invertory, which metnod shoukd he chocse? Determine the cost of goods 8old and ending invenory amouna under the two metnods. (Round your interim calculstions to the nearest cent Round your final answers to the nearest dollar) 1a. Awerage Cost FIFO CoS Coet of gcods scld Ending inventory 2. It the atore manager wants the moet curent cos for ending iwentory which metnod should he choose The store managers hould choose because the cost of inventory and therefore, results in the most current cos for ending inventory