Complete this question by entering your answers in the tabs below. Weighted Average Complete the table...
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Complete this question by entering your answers in the tabs below. Weighted Average Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Specific Id Purchase Date January 1 January 20 January 30 Activity FIFO LIFO Available for Sale Beginning inventory Purchase Purchase # of units Cost Per Unit 15.50 230 190 $ 14.50 400 $ 14.00 820 Cost of Goods Sold # of units sold Cost Per Unit 3,565 2,755 $ 5,600 $ 11,920 Specific Id 15.50 14.50 14.00 COGS 55,258 39,948 78,400 $ 173,606 Ending Inventory- Units Weighted Average > 0 Ending Inventory Cost Per Unit Ending Inventory- Cost Complete this question by entering your answers in the tabs below. Weighted Average Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. Specific Identification Specific Id Purchase Date January 1 January 20 January 30 Activity FIFO LIFO Available for Sale Beginning inventory Purchase Purchase # of units Cost Per Unit 15.50 230 190 $ 14.50 400 $ 14.00 820 Cost of Goods Sold # of units sold Cost Per Unit 3,565 2,755 $ 5,600 $ 11,920 Specific Id 15.50 14.50 14.00 COGS 55,258 39,948 78,400 $ 173,606 Ending Inventory- Units Weighted Average > 0 Ending Inventory Cost Per Unit Ending Inventory- Cost
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