Question: C Enter the December 1 | x C (b) Enter the December x C Compute ending inven x AC114 M5 -Competent X WP NWP Assessment

 C Enter the December 1 | x C (b) Enter theDecember x C Compute ending inven x AC114 M5 -Competent X WPNWP Assessment Play X Purdue University Glot X + C o education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=24ac019f-dae6-4f6a-bb55-031efdd8c33e#/question/3

C Enter the December 1 | x C (b) Enter the December x C Compute ending inven x AC114 M5 -Competent X WP NWP Assessment Play X Purdue University Glot X + C o education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=24ac019f-dae6-4f6a-bb55-031efdd8c33e#/question/3 - AC114 M5 -Competency Assessment: Part 5 Question 4 of 5 View Policies Current Attempt in Progress Inventory data for Lily Company are reported as follows. Date Explanation Units Unit Cost Total Cost June 1 Inventory 300 $5 $1,500 12 Purchase 700 4,200 23 Purchase 330 2,310 30 Inventory 160 Assume a sale of 780 units occurred on June 15 for a selling price of $9 and a sale of 390 units on June 27 for $9. (a1) Calculate cost of goods available for sale. The cost of goods available for sale $ eTextbook and MediaC Enter the December 1 | x C (b) Enter the December x C Compute ending inven x AC114 M5 -Competent X WP NWP Assessment Play X Purdue University Glot X + C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=24ac019f-dae6-4f6a-bb55-031efdd8c33e#/question/3 - AC114 M5 -Competency Assessment: Part 5 Question 4 of 5 C a education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=24ac019f-dae6-4f6a-bb55-031efdd8c33e#/question/3 - AC114 M5 -Competency Assessment: Part 5 Question 4 of 5 - 1 15 eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (a3) Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to O decimal places, e.g. 1,250.) FIFO LIFO Moving-Average Cost The cost ending inventory $ The cost of goods sold $ $ eTextbook and Media Save for Later Attempts: 0 of 5 used Submit

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