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4. periodic & perpetual systems - calculating ending inventory & cost of sales using average cost (moving average), fifo and lifo

Periodic and Perpetual Systems - Calculating Ending Inventory and Cost of Sales Using Average Cost (Moving Averagn), Fro, and LiFO Undew inc's irwentory reconds showed the following data for an item it sells regularly. 1) Average cost method (periodic) Note: Use the result Exactiy as displayed above in the calculationis below. Note: Do not use negative signs with any of your answers. Note: Round your finat answers to the nearest whole dollat. a. Assuming that Undew maintains a periodic inventory system, compute ending inventory and cost of goods s b. Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of goods (2) AFO Method (periodic) -Note: Do not use negative signs with any of your answers. (3) LIFO Method (periodic) - Note: Do not use negative signs with any of your answers. - Note: Enter the answers for unit cost in dollars and cents, rounded to the nearest penny. Use the rounded amounts for later calculations. - Note: Do not use negative signs with any of your answers. (2) FFO (perpetual) - Note: Do not use negative signs with any of your answers. - Note: On each date, list the inventory units in chronological order based on their purchase date with beginning inventory, if any, listed first. 3. LFO (perpetual) - Note: Do not use negative signs with any of your answers. -Note: On each date, list the inventory units in chronological order based on their purchase date with beginning inventory, if any, listed first

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