Question: Purchase Unit Cost per units Total Cost May 1 Beginning Inventory 5 0 0 $ 1 3 6 5 0 0 May 1 0 Purchase
Purchase
Unit Cost per units Total Cost
May Beginning Inventory $
May Purchase $
May Purchase $
May Purchase $
Total
Sales
Unit Selling Price
May Sold $
May Sold $
May Sold $
Specific units sold
May units from the May units on hand
May units from the May unit on hand
May units from the May purchase
May units from the May purchase
May units from the May purchase
Based on the above information calculate the ending inventory and the cost of good sold under periodic inventory system by applying the three different methods.
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