Question: If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory. Beginning inventory and purchases Boxes Box cost Total cost Beginning

If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory.

Beginning inventory and purchases Boxes Box cost Total cost
Beginning inventory: January 1 14,600 $ 6 $ 87,600
March 1 5,600 7 39,200
June 1 1,600 11 17,600
September 1 1,050 14 14,700
December 1 1,000 23 23,000
23,850 $ 182,100

What is the cost of ending inventory using FIFO, LIFO, and the weighted-average method?

Note: Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.

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