Question: Exercise 9-34 L05 SPREADSHEET Inventory Computation Using Different Cost Flows The Webster Store shows the following information relating to one of its products. Inventory, January

Exercise 9-34 L05 SPREADSHEET Inventory Computation Using Different Cost Flows The Webster Store shows the following information relating to one of its products. Inventory, January 1 Sales, January 8. Purchases, January 10 Sales, January 18. Purchases, January 20 Sales, January 25 250 units @ $17.00 200 units 900 units @ $18.00 800 units 1,200 units @ $19.50 1,000 units What are the values of ending inventory under a periodic inventory system assum- ing a (1) FIFO, (2) LIFO, and (3) average cost flow? (Note: Round unit costs to three decimal places.)

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