Question: Artist Canvas Inventory Costing Method Comparison Methods to be used: Units in Ending Inventory: 150 Last-In, First-Out First-In, First-Out Weighted Average Cost per Units Unit

Artist Canvas Inventory Costing Method Comparison Methods to be used: Units in Ending Inventory: 150 Last-In, First-Out First-In, First-Out Weighted Average Cost per Units Unit Total Beginning Inventory 85 tA 6 $ 510 Purchase #1 180 8 $ 1,440 Purchase #2 110 9 $ 990 Purchase #3 250 11 $ 2,750 Purchase #4 100 12 $ 1,200 725 $ 6,890 LIFO Inventory Balance: FIFO Inventory Balance: WA Inventory Balance

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