Question: If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory Box cost Beginning inventory and purchases Beginning Inventory: January 1
If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory Box cost Beginning inventory and purchases Beginning Inventory: January 1 March 1 June 1 September 1 December 1 Boxes 15.500 6. See 2.500 1.500 Total cost $232.500 104.000 50.000 34,5ae 32,000 $450.000 27.000 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 LIFO Weighted average
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
