Question: Help me find weighted average and moving average. SHOW WORK Alternative Inventory Methods Garrett Company has the following transactions during the months of A Date


Alternative Inventory Methods Garrett Company has the following transactions during the months of A Date Transaction Units Cost/Unit $5.30 April 1 Balance 17 Purchase 25 Sale 28 Purchase May 5 Purchase 18 Sale 22 Sale 300 200 150 100 5.80 250 5.30 300 50 The cost of the inventory on April 1 is $5, $4, and $2 per unit, respecti- cost flow assumptions. Required: 1. Compute the inventories at the end of each month and the cost of 9 following alternatives: a. FIFO periodic Cost of Goods Sold Ending Inventory April $ 750 $ 2,390 May $ 1,810 v $ [ 1,905 b. FIFO perpetual Cost of Goods Sold Ending Inventory 5 2 290 Cost of Goods Sold Ending Inventory April $ 795 $ 1,445 May $ 1,905 $ 865 e. Weighted average (Round unit costs to 4 decimal places and final answers to Cost of Goods Sold Ending Inventory April $ May f. Moving average (Round unit costs to 2 decimal places and final answers to ne Cost of Goods Sold Ending Inventory April May $ 2. Reconcile the difference between the LIFO periodic and the LIFO perpetual res enter "0". April Cost of Goods Sold Ending Inventory Difference $ $ [ May Cost of Goods Sold Ending Inventory Difference $C $C
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