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Tableau DA 5-2(Algo): Exercise, Perpetual: Inventory costing methods LO P1 ATV Co. began...

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Accounting

Tableau DA 5-2(Algo): Exercise, Perpetual: Inventory costing methods LO P1
ATV Co. began March with no inventory and uses a perpetual inventory system. It entered into purchases and sales for March as shown in the Tableau Dashboard.
March 1: purchased 100 units for $50 each
March 5: purchased 400 units for $55 each
March 9 : sales, 420 units for $85 each
March 18: purchased 120 units for $60 each
March 25: purchased 200 units for $62 each
March 29: Sales, 160 units for $95 each
Perpetual FIFO, Perpetual LIFO, Weighted Average Perpetual
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