The following information is available for Quest Company:
tableMarch Beginning inventory, units @ $ per unitMarch Purchase, units @ $ per unitMarch Sale, unitsMarch Purchase, units @ $ per unitMarch Sale, units
Required:
Answer the following questions for Quest Company:
a If periodic FIFO is used, what is the ending inventory in dollars?
$
b If periodic LIFO is used, what is the cost of goods sold?
$
c If moving average is used, what is the ending inventory in dollars round calculations to the nearest cent
$
d If weighted average is used, what is the ending inventory in dollars round unit cost to the nearest cent
$
