Question: echar BillMatrix - Paymen... https://www.coned... On June 1 of the cu. G tina leser - Google S... part eBook Show Me How Calculator Print Item




echar BillMatrix - Paymen... https://www.coned... On June 1 of the cu. G tina leser - Google S... part eBook Show Me How Calculator Print Item Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 15 units at $30 $450 Purchase 16 units at $32 512 Dec. 11 Purchase 10 units at $33 330 41 units $1,292 Aug. 7 There are 17 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) Weighted average cost
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