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

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 Purchase from AAA 600 #1 600 $ 6000 Co. $6,000.00 300 $ 3000 #2 Sale to SSS Co. $ 300 $3,000.00 $ 1500 150 #3 Sale to TTT Co. 150 $ 1500 210 S Purchase from BBB Co. 60 $960.00 $ X 95 Salo to UUU Co. $ 4015 S b) if the LIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS 210 #4 Purchase from BBB Co. 60 $960.00 X #5 Sale to UUU Co. $ 40 $ b) If the LIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ c) of the FIFO method had been used, what would the value of COGS been for the sale to UUU Co.? COGS = $ d) if the specific identification method had been used, what would the value of COGS been for the sale to UUU Co.? Assume 20 of the units sold to UUU Co. were purchased from AAA Co and the other 20 units were purchased from B&B Co. COGS = $ Check

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