Question: Solve using average cost, fifo, lifo periodic methods. Periodic and Perpetual Systems-Calculating Ending Inventory and Cost of Sales Using Average Cont (Mowing Average). FIFO, and


Periodic and Perpetual Systems-Calculating Ending Inventory and Cost of Sales Using Average Cont (Mowing Average). FIFO, and uFO Undew incis irventory records showed the folowing dxa tor an itemitsells regularly. (1) Averuge cost method (periodic) - Note. Use the resuaticXACtLY as displayed above in the calcutations helow - Note: Do not ise negative signs with any of your anowers. - Noter found your final answers to the nearest whole dollar. Periodic and Perpetual Systems-Calculating Ending Inventory and Cost of Sales Using Average Cos Undew Inc.'s inventory records showed the following data for an item it sells regularly. a. Assuming that Undew maintains a periodic inventory system, compute ending inventory and cost of goo b. Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of g (2) FIFO Method (periodic) - Note: Do not use negative signs with any of your answers. Periodic and Perpetual Systems-Calculating Ending Inventory and Cost of Sales Using Average Cost (Moving Average), FIFO, an Undew inc.'s inventory records showed the following data for an item it sells regularly. a. Assuming that Undew maintains a periodic inventory system, compute ending inventory and cost of goods sold for the month ending b. Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of goods sold for the month endin (3) LIFO Method (periodic) - Note: Do not use negative signs with any of your answers
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