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, c weighted average, and specific identification. For specific identification, units sold include units from beginning inventory, units from the March purchase, units from the March purchase, and units from the March purchase.
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tablePerpetual FIFO,Perpetual LIFO,tableWeightedAverage
Compute the cost assigned to ending inventory using specific identification. For specific identification, units sold include units from beginning inventory, units from the March purchase, units from the March purchase, and units from the March purchase.
tableSpecific IdentificationDateGoods Available for Sale,Cost of Goods Sold,Ending Inventory# of units,tableCost perunittableCost of GoodsAvaliable forSaletable# of unitssoldtableperittableCost ofGoods Soldtable# of unitsin endinginventoryCos,tableperittableEnInveMarch $$$$$March March March TTotal$$$
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