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The periodic inventory records of Flexon Prosthetics indicate the folowing for the month of July (Click the icon to view the inventory records.) Al July 31, Flexon counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Flexon using the weighted average inventory costing method. 1 Weighted average Data Table Ending Merchandise Inventory Cost of Goods Sold Jul. 1 Beginning merchandise inventory Jul. 8 Purchase Jul. 15 Purchase 6 units @ $60 each 5 units@ $67 each 10 units @ $70 each 5 units @ $85 each Jul. 26 Purchase The periodic inventory records of Synthetix Prosthetics indicate the following for the month of December (Click the icon to view the inventory records) At December 31, Synthetix counts six units of inventory on hand, Compute ending merchandise inventory and cost of goods sold for Synthetix using the LIFO inventory costing method LIFO Cost Data Table Ending Merchandise Inventory Cost of Goods Sold Dec, 1 Beginning merchandise Inventory Dec. 8 Purchase Dec. 15 Purchase Dec. 26 Purchase 9 units @ $35 each 8 units $30 each 12 units $44 each 16 units 542 each The periodic inventory records of Synergy Prosthetics indicate the following for the month of December. (Click the icon to view the inventory records.) At December 31, Synergy counts four units of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Synergy using the FIFO inventory costing method. - X FIFO Cost Data Table Ending Merchandise Inventory Cost of Goods Sold Dec. 1 Beginning merchandise inventory Dec. 8 Purchase Dec. 15 Purchase Dec. 26 Purchase 6 units $60 each 5 units 567 each 10 units @ $70 each 5 units @ 595 each

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