Question: March 1 : Purchase, 1 0 0 units $ 5 0 each March 5 : Purchase, 4 0 0 units $ 5 5 each March

March

1

: Purchase,

100

units $

50

each

March

5

: Purchase,

400

units $

55

each

March

9

: Sales,

420

units $

85

each

March

18

: Purchase,

120

units $

60

each

March

25

: purchase,

200

units $

62

each

March

29

: sales,

160

units $

95

eachCompute the cost assigned to ending inventory using FIFO.

Compute the cost assigned to ending inventory using LIFO.

Compute the cost assigned to ending inventory using Weighted Average.

March 1: Purchase, 100 units $50 each March 5: Purchase, 400

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