Question: Integrated Excel Problem 18-4 (Static) A sneaker outet has made the following wholesale purchsses of new running shoes: 12 pairs at $45,18 pairs at $40,
Integrated Excel Problem 18-4 (Static) A sneaker outet has made the following wholesale purchsses of new running shoes: 12 pairs at $45,18 pairs at $40, and 20 pairs at S50. An inventory taken last week indicates that 23 pairs ore still in stock Required. Use the above intormation to answer the folowing 1. What is the ending inventory purchase for 20 sneakers? 2. Calculate the ending invertory quantay for sneakers purchased at $19 a pair 3. Calculate the ending inventory amount for sneakers purchased at \$18 a pair 4. Colcilate the cost of this inventory by FiFO
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