Hinsdale Company, which uses the periodic inventory system, has the following records for 2016: Units Unit...

 

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Hinsdale Company, which uses the periodic inventory system, has the following records for 2016: Units Unit Cost 100 $168 40 176 62 170 35 174 13 180 250 units $42,810 Beginning inventory Purchases: TOTAL Ending inventory at December 31 is 108 units. Compute the cost of the ending inventory and the cost of goods sold using the following methods: a. FIFO b. c. LIFO February 8 June 15 August 22 November 29 Weighted-average Hinsdale Company, which uses the periodic inventory system, has the following records for 2016: Units Unit Cost 100 $168 40 176 62 170 35 174 13 180 250 units $42,810 Beginning inventory Purchases: TOTAL Ending inventory at December 31 is 108 units. Compute the cost of the ending inventory and the cost of goods sold using the following methods: a. FIFO b. c. LIFO February 8 June 15 August 22 November 29 Weighted-average

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