Question: Artist Canvas Inventory Costing Method Comparison begin{tabular}{|c|c|c|c|} hline Methods to be used: & & multicolumn{2}{|c|}{ Units in Ending Inventory: } hline Last-In, First-Out &

 Artist Canvas Inventory Costing Method Comparison \begin{tabular}{|c|c|c|c|} \hline Methods to be

Artist Canvas Inventory Costing Method Comparison \begin{tabular}{|c|c|c|c|} \hline Methods to be used: & & \multicolumn{2}{|c|}{ Units in Ending Inventory: } \\ \hline Last-In, First-Out & & & \\ \hline \multicolumn{4}{|l|}{ First-In, First-Out } \\ \hline \multicolumn{4}{|l|}{ Weighted Average } \\ \hline Column1 & Units & Cost per Uni] & Total > \\ \hline Beginning Inventory & 85 & 6 & 510 \\ \hline Purchase \#1 & 180 & 8 & $1,440 \\ \hline Purchase \#2 & 110 & 9 & $990 \\ \hline Purchase \#3 & 250 & 11 & $2,750 \\ \hline \multirow[t]{2}{*}{ Purchase \#4 } & 100 & 12 & $1,200 \\ \hline & 725 & & $6,890 \\ \hline \multicolumn{4}{|l|}{ LIFO Inventory Balance: } \\ \hline \multicolumn{4}{|l|}{ FIFO Inventory Balance: } \\ \hline WA Inventory Balance: & & & \\ \hline \end{tabular} Artist Canvas Inventory Costing Method Comparison \begin{tabular}{|c|c|c|c|} \hline Methods to be used: & & \multicolumn{2}{|c|}{ Units in Ending Inventory: } \\ \hline Last-In, First-Out & & & \\ \hline \multicolumn{4}{|l|}{ First-In, First-Out } \\ \hline \multicolumn{4}{|l|}{ Weighted Average } \\ \hline Column1 & Units & Cost per Uni] & Total > \\ \hline Beginning Inventory & 85 & 6 & 510 \\ \hline Purchase \#1 & 180 & 8 & $1,440 \\ \hline Purchase \#2 & 110 & 9 & $990 \\ \hline Purchase \#3 & 250 & 11 & $2,750 \\ \hline \multirow[t]{2}{*}{ Purchase \#4 } & 100 & 12 & $1,200 \\ \hline & 725 & & $6,890 \\ \hline \multicolumn{4}{|l|}{ LIFO Inventory Balance: } \\ \hline \multicolumn{4}{|l|}{ FIFO Inventory Balance: } \\ \hline WA Inventory Balance: & & & \\ \hline \end{tabular}

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