Question: Periodic Tyventory Using Pro, LF, and Weighted Average cost methods The units of an item available for sale during the year were as follows Jan
Periodic Tyventory Using Pro, LF, and Weighted Average cost methods The units of an item available for sale during the year were as follows Jan 1 Daventory $720 Aug. 7 Purchase 17 units at $51 Dec. 11 Purchase 1 units $53 689 $2,275 There are 16 units of the item in the inventory at December 31. The periodic Westory wissed Determine the entry costing (A) the first two method, the last (LI) method, and (c) the weighted average cost modround per un cost to two deam places and your finanswer to the whole dolar) Pirst in fest-out (FFO) b. Last in, fest-out (LIFO) Weighted average cost S
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