QCompute the cost assigned to ending inventory using a FIFO, b LIFO, c weighted average, and specific identification. For specific identification, units sold consist of units from beginning inventory, from the February purchase, from the March purchase, from the August purchase, and from the September purchase.
Complete this question by entering your answers in the tabs below.
Perpetual FIFO
Perpetual LIFO
Weighted Average
Specific Id
Compute the cost assigned to ending inventory using weighted average. Round your average cost per unit to decimal places.
tableWeighted Average Perpetual:January Goods Purchased,Cost of Goods Sold,Inventory BalancetableNumber ofunitstableCost perunittableNumber ofunits soldtableCost perunittableCost of Goods SoldtableNumber ofunitstableCost perunit$
