Question: Perpetual Inventory Control Record Description: M & 3 Supreme Date Purchase Received Issued Sales Units Unit Cost June 1 Balance forward 3 $10.00 4 2

Perpetual Inventory Control Record Description: M
Perpetual Inventory Control Record Description: M & 3 Supreme Date Purchase Received Issued Sales Units Unit Cost June 1 Balance forward 3 $10.00 4 2 6 8 9 $10.50 9 3 6 l2 2 4 15 6 10 $1 1.00 18 2 8 20 3 5 22 6 11 $ 9.50 25 2 9 28 3 6 Using the above information, compute for the ending inventory and cost of sales under the following inventory valuation. 1. First in First out method 2. Last in First out method 3. Weighted Average method 4. Specific Identification method (when ending inventory are as follow ( 2 fromjune 22, 2 from June 15 and 2 fromlune 1)

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