Question: Part B.(3 marko) Silver Traders uses the periodic inventory method and had the following inventory information awallable in january: A physical count of inventory on
Part B.(3 marko) Silver Traders uses the periodic inventory method and had the following inventory information awallable in january: A physical count of inventory on 31 lanuary revealed that there were 5000 units on hand. lignore GSI. Required: Answer the following independent questions. 1) Assume that the company uses the ffo method. The value of the ending inventory at 31 January is: (1 mark) 2) Assume that the company uses the weighted everage cost method. The value of the cost of sales on 31 lanuary is : (1 mark) 3) Assume that the company uses the Lifo method. The value of the cost of soles on 31 January is $ (1 mark) (Narrations in the generat journals are not required, Both occount names and figures should be correct in order to award marks. Type your response directly into t template in the text box below)
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