Frate Company was formed on December Year and uses the periodic inventory system. The following information is available from Frate's inventory records for Product Ply:
Units Unit Cost
January Year beginning inventory $
Purchases:
January Year
January Year
February Year
March Year
A physical inventory on March Year shows units on hand.
Required:
Question Content Area
Prepare schedules to compute the ending inventory at March Year under each of the following inventory methods.
