I need 1)FIFO 2)LIFO inventory method 3)to calculate weighted average cost...
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Accounting
I need 1)FIFO
2)LIFO inventory method
3)to calculate weighted average cost per unit
4)ending inventory Feb 28, under weighted average inventory method
Thank you
Carla Vista Company was formed in 2016 and maintains its books and records on calendar-year basis. The following information is available from Carla Vista's inventory records for Zhao's only product, the XL5500. Units Unit Cost $77.00 January 1, 2017 ( Purchases 1,050 78.00 79.00 82.00 84.00 January 8, 2017 anuary 23, 2017 February 9, 2017 500 1,250 650 A physical inventory on February 28, 2017, shows 1,200 units on hand. Prepare schedule to compute the ending inventory at February 28, 2017, under FIFO inventory method. (Round unit costs to 2 decimal places, e.g. 5.25 and final COMPUTATION OF INVENTORY FOR PRODUCT UNDER FIFO INVENTORY METHOD Total Cost
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