Question: I have been trying to solve this problem for a while but still cant get it right. Please help! Required information [The following information applies
Required information [The following information applies to the questions displayed below] The Shirt Shop had the following transactions for T-shirts for Year 1 , its first year of operations: During the year, The Shirt Shop sold 1,260 T-shirts for $26 each, Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost fow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round cost per unit to 2 decimal places and final answers to the nearest whole dollar amount.)
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