Question: Please complete question BE 6-5. SHOW ME HOW BE 6-5 Periodic inventory using FIFO, LIFO, and weighted average cost methods Obj. 4 The units of

Please complete question BE 6-5.

SHOW ME HOW BE 6-5 Periodic inventory using FIFO, LIFO, and weighted average cost methods Obj. 4 The units of an item available for sale during the year were as follows: Jan. 1 Inventory 20 units at $360 $ 7,200 Aug. 13 Purchase 260 units at $342 88,920 Nov. 30 Purchase 40 units at $357 14,280 Available for sale 320 units $110,400 There are 57 units of the item in the physical inventory at December 31. The periodic inven- tory 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

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