Question: LO 2 Specific Identification Method SE2. Assume the following data with regard to inventory for Vegan Company: Assuming that the inventory consists of 30 units
LO 2 Specific Identification Method SE2. Assume the following data with regard to inventory for Vegan Company: Assuming that the inventory consists of 30 units from the August 8 purchase and 25 units from the purchase of August 22 , calculate the cost of ending inventory and cost of goods sold. LO 2 Average-Cost Method: Periodic Inventory System SE3. Using the data in SE2, calculate the cost of ending inventory and cost of goods sold according to the average-cost method under the periodic inventory system. (Round final answer to the nearest dollar.) LO 2 FIFO Method: Periodic Inventory System SE4. Using the data in SE2, calculate the cost of ending inventory and cost of goods sold according to the FIFO method under the periodic inventory system. LO 2 LIFO Method: Periodic Inventory System SE5. Using the data in SE2, calculate the cost of ending inventory and cost of goods sold according to the LIFO method under the periodic inventory system
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