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Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.

Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.

Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.

Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.

Complete this question by entering your answers in the tabs below.

Specific Identification

Weighted

FIFO

LIFO

Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.

$\backslash$table$[[$Specific Identification$],[$Purchase Date,Available for Sale,Cost of Goods Sold,Ending Inventory$],[$Activity$,$# of units,$\backslash$table$[[$Cost Per$],[$Unit$]],\backslash$table$[[$# of units$],[$sold$]],$Cost Per Unit,$\backslash$table$[[$Cost of$],[$Goods$],[$Sold$]],\backslash$table$[[$Ending$],[$Inventory$-],[$Units$]],$Cost Per Unit,$\backslash$table$[[$Ending$],[$Inventory$-$Cost$]]],[$January $1,$Beginning inventory,$205,,,,,,,3],[$January $20,$Purchase,$140,,,,,,,],[$January $30,$Purchase,$310,,,,,,,],[,,655,,,,,,,]]$

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