Question: Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Inventory

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Inventory 18 units at $44 Jan. 1 Aug. 13 Purchase 8 units at $47 Nov. 30 Purchase 13 units at $48 Available for sale 39 units a. First-in, first-out (FIFO) b. Last-in, first-out (LIFO) C. Weighted average cost $1,792 There are 12 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the (a) first-in, first-out (FIFO) method; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar).
Can you please show work for LIFO and weighted average cost im trying to figure it out but keep getting lost  Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The

Periodic Inventory Using IFO, LFO, and Weightied Average Cost Methods The units of an item avaitable for sale during the year were as follows: Theie are 12 units of the item in the phrsacal inventory at December 31 , The penodk inveotory system in usind. Determane the inveritory cost using the (a) first-in, first-out (Firo) method; (b) tast in, first-out (Uto) method; and (c) weighted averaje cont method (round per-unit cost to tro idecimal places and your final answer ta the nearest whole dollar)

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