Question: If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending Inventory Beginning inventory and purchases Boxes Box cost Total cost Beginning
If Comcast is upgrading its cable boxes and has 600 obsolete boxes in ending Inventory Beginning inventory and purchases Boxes Box cost Total cost Beginning inventory: January 1 15,000 $10 $150,000 March 1 6,000 11 66,000 June 1 2,000 15 30,000 September 1 1,250 18 22,500 December 1 1,200 27 32,400 25,450 $300,900 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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