Question: a) Fill in the missing numbers in the inventory schedule using the weighted average cost inventory valuation method. This company uses the perpetual inventory system.

a) Fill in the missing numbers in the inventory schedule using the weighted average cost inventory valuation method. This company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. When calculating the unit cost, round to 2 decimal places as well. Inventory Schedule Purchases Sales Balance Transaction Description Quantity Amount Quantity Amount Quantity Amount Opening Balance 0 $ 0 #1 Purchase from AAA CO. 400 $5,200.00 $ 400 $ 5200 #2 Sale to SSS Co. $ 200 2600 200 $2,600.00 #3 Sale to TTT Co. $ 100 $ 1300 100 $ 1300 #4 Purchase from BBB Co. 90 $1,620.00 190 $ 2920 #5 Sale to UUU Co. 50 $ 140 2870 x b) If the FIFO method had been used, what would the value of COGS been for the sale to UUU CO.? COGS = $ UUU CO.? Assume all the units were purchased C) If the specific identification method had been used, what would the value of COGS been for the sale from BBB Co. COGS = $
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