Need help with the COGS AND ENDING INVENTORY PART
Problem AA Static Perpetual: Alternative cost flows LO P
points
Montoure Company uses a perpetual inventory system. It entered into the following calendaryear purchases and sales transactions.
tableeBooktableDateJanuary February March March August September September Activities,Units Acquired at Cost,Beginning inventory,Units Sold at RetailPurchasetable units @ $ per unit units $$ per unitPrinttablePurchaseSalestable units @ $ per unit units @$ per unit units @ $ per unittableSalesPurchaseReferencesPurchase,table units @ $ per unit units @$ per unitSales units @$ per unitTotals, units, units
FIFO Perpetual LIFO
Weighted
Specific Id
the cost assigned to ending inventory using specific identification. For specific identification, units sold consist February purchase, from the March purchase, from the August purchase, and from the Si unit to decimal
places.
Specific ld
