Question: Please show all the work with explanation. Using the perpetual inventory system calculate the ending inventory under each of the following independent situations: Beginning Inventory

Please show all the work with explanation.

Using the perpetual inventory system calculate the ending inventory under each of the following independent situations:
Beginning Inventory 400 units @ 4
January purchase 100 units @$5
February purchase 200 units @$6
March purchase 300 units @$7
used 301 units
Weighted Average Show all work

FIFO

LIFO
Determine the ending inventory using the weighted average method

FIFO

using the same data above determine the ending inventory using FIFO cost flow assuming
125 units sold for $7 each
LIFO
using the same data above determine the ending inventory using the LIFO cost flow assuming
50 units are sold for $10each

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