Question: If Comcast is upgrading its cable boxes and has 490 obsolete boxes in ending Inventory. Beginning inventory and purchases Boxes Beginning inventory: January 1
If Comcast is upgrading its cable boxes and has 490 obsolete boxes in ending Inventory. Beginning inventory and purchases Boxes Beginning inventory: January 1 15,400 Box cost $14 Total cost $215,600 March 1 6,400 15 96,000 June 1 2,400 19 45,600 September 1 1,450 22 31,900 December 1 1,100 31 34,100 26,750 $423,200 What is the cost of ending Inventory using FIFO, LIFO, and the weighted-average method? (Round your Intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) FIFO LIFO Weighted-average Ending inventory
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