Question: Exercise 5 - 5 A ( Algo ) Perpetual: Inventory costing LO P 3 Complete this question by entering your answers in the tabs below.

Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 Complete this question by entering your answers in the tabs below.
Weighted
Average
FIFO
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Note: Round cost per unit to 2 decimal places. \table[[\table[[Date],[January 1]],Goods Purchased,Cost of Goods Sold,Inventory Balance],[\table[[# of],[units]],\table[[Cost per],[unit]],\table[[# of units],[sold]],\table[[Cost per],[unit]],\table[[Cost of Goods],[Sold]],# of units,\table[[Cost per],[unit]],Inventory Balance],[,,146,@,$6.00,=,$,876.00],[January 10],[January 20],[January 25],[January 30],[],[Totals,,,,,,,,,,,]]
Assume the perpetual inventory system is used.
Required:
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.
 Exercise 5-5A (Algo) Perpetual: Inventory costing LO P3 Complete this question

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