Question: If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending inventory. Beginning inventory and purchases Box cost Total cost Beginning inventory:
If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending inventory. Beginning inventory and purchases Box cost Total cost Beginning inventory: January 1 16,689 $ 26 $431,600 March 1 7,600 27 205,200 June 1 3,609 31 111,600 September 1 2,050 34 69,700 December 1 1,200 43 51,600 31,050 $869,700 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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