Alternative Inventory Methods A physical inventory on March 31, Year 2, shows 1,600 units on hand. Required: order. Round your unit cost answers to two decimal places. 1. FIFO 3. Weighted average (For the weighted average method, round the average cost per unit to two decimal places.) FRATE COMPANY Computation of Inventory Under Weighted Average Inventory Method March 31, Year 2 FRATE COMPANY 3. Weighted average (For the weighted average method, round the average cost per unit to two decimal places. FRATE COMPANY