cise Algo Perpetual: Inventory costing methods LO P
me the perpetual inventory system is used. uired:
Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Determine the cost assigned to ending inventory and to cost of goods sold using FIFO.
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.
Complete this question by entering your answers in the tabs below.
Specific
Weighted
Average
FIFO
LIFO
entification
omplete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification.
tableSpecific Identificationrchase Date,Available for Sale,Cost of Goods Sold,Ending InventoryActivity# of units,tableCost PerUnittable# of unitssoldCost Per Unit,tableCost ofGoodsSoldtableEndingInventoryUnitsCost Per Unit,tableEndingInventoryCosthuary Beginning inventory,puary Purchase,huary Purchase,$
