Question: If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. 16 Beginning inventory and purchases Beginning inventory: January 1 March

 If Comcast is upgrading its cable boxes and has 500 obsolete

If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. 16 Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 15,500 6,500 2,500 1,500 1,000 27,000 Box cost Total cost $ 15 $232,500 104,000 20 50,000 34,500 32,000 $453,000 32 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.) Ending inventory FIFO LIFO Weighted average

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