Written Assignment $2($Inventory cost flows$)$

Madison Outlet has the following inventory transactions for the year:

What amount would Madison report for Cost of Good's Sold using FIFO?

What amount would Madison report for ending inventory using FiFo?

What amount would Madison report for Cost of Goods Sold using LIFO?

What amount would Madison report for ending inventory using LIFO?

What amount would Madison report for Cost of Goods Sold using weighted$-$average cost?

What amount would Madison report for ending inventory using waighted$-$average cost?

Please show your steps of calculations.

Written Assignment $2($Inventory cost flows$)$

Madison Outlet has the following inventory transactions for the year:

What amount would Madison report for Cost of Goods Sold using FIFO?

What amount would Madison report for ending inventory using FIFO?

What amount would Madison report for Cost of Goods Sold using LIFOP

What amount would Madison report for ending inventory using LlFO?

What amount would Madison report for Cost of Goods Sold using waighted$-$average cost?

What amount would Madlison report for ending inventory using waighted$-$average cost?

Please show your steps of calculations.