Question: Compute the cost assigned to ending inventory using ( a ) FIFO, ( b ) LIFO, ( c ) weighted average, and ( d )
Compute the cost assigned to ending inventory using a FIFO, b LIFO, weighted average, and specific identification. For specific identification, units sold consist of units from beginning inventory, from the February purchase, from the March purchase, from the August purchase, and from the September purchase.
Note: Round your average cost per unit to decimal places. Round your final answers to the nearest whole dollar amount.
tableEnding Inventorya FIFO,b LIFO,c Weighted average,d Specific identification,
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