Required: Find the answers that are below. To help you check your work for the prob the ending inventory is below as well
Ending Inventory $
Ending Inventory $
Ending Inventory $
Ending Inventory $rounded
Calculate ending inventory and cost of goods sold at October using the specific identification method. The October sale consists
of purses from beginning inventory, the October sale consists of one purse from beginning inventory and two purses from the
October purchase, and the October sale consists of three purses from the October purchase and four purses from the October
purchase.
Using FIFO, calculate ending inventory and cost of goods sold at October
Using LIFO, calculate ending inventory and cost of goods sold at October
Using weightedaverage cost, calculate ending inventory and cost of goods sold at October
