Task 9-1. The weighted average method. You have to calculate all unknown values and the weighted average price for inventories (used and ending balance price) Quantity Price 2.75 Amount, EUR 137.5 50 Date Beginning balance 10.10. 13.10. 15.10. 28.10. 30.10. Total inventories Used for sale 100 250 100 100 100 ? 1.20 1.40 1.30 1.70 1.90 X ? ? ? ? ? ? 600 ?the weighted average price ? ? ? the weighted average price ? Ending balance 5 788k 9-2. FIFO method. You have to calculate all unknown values. Use FIFO method for valuation of inventories. Quantity SO Price 2.75 Amount, EUR 137.5 ? ? Date Beginning balance 10.10 13.10. 15.10. 28.10. 30.10. Total inventories Used for sale ? 100 250 100 100 100 ? 1.20 1.40 1.30 1.70 1.90 ? 600 X ? Ending balance