Question: this is an inventory evaluation method, i am so confused help me Perkins Company has the following inventory information. Perkins Company uses a periodic inventory

this is an inventory evaluation method, i am so confused help me

me Perkins Company has the following inventory information. Perkins Company uses a

Perkins Company has the following inventory information. Perkins Company uses a periodic inventory system. Instructions 1. Compute cost of goods available for sale and the number of units available for sale. 2. Compute the number of units in ending inventory. 3. Compute the cost of goods sold and cost assigned (round all amounts to cents) to ending inventory using: a. Specific identification i. Assume ending inventory is: 1. 100 units: April 7 purchase 2. 50 units: April 23 purchase 3. 250 units: April 27 purchase b. Weighted average c. FIFO d. LIFO Parts 1 and 2 Cost of goods available for sale Number of units available for sale Number of units in ending inventory Part 3

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