Question: IInventory Costing Methods - Periodic Method The following information is for the Bloom Company for the year; the company sells just one product: Units Unit
IInventory Costing MethodsPeriodic Method The following information is for the Bloom Company for the year; the company sells just one product:
Units Unit Cost Beginning Inventory Jan. $ Purchases: Feb. $ May Oct. Sales: March July
Calculate the value of ending inventory and cost of goods sold using the periodic method and a firstin firstout, b lastin firstout, and c weightedaverage cost method.
Do not round until your final answers. Round your final answers to the nearest dollar.
A Firstin Firstout: Ending Inventory Cost of goods sold B Lastin firstout: Ending Inventory Cost of goods sold C Weighted Average Ending Inventory Cost of goods sold what will be the ending invetory and the coast of good solds
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