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Computing the ending inventory as of april 30

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Reference no: EM132344309

Question :

 

Purchases

 

Sales

 

 

Unit

Unit Cost

 

Units

April

6,000

/6)

$33.00

April 6

1.500

Ap1110

1,600

@

34.00

April 12

1,400

Audi 22

2,000

@

35.00

April 25

2,300

46128

1,600

@

36.00

 

 

a. Computing the ending inventory as of April 30, 2019, using the perpetual inventory procedure, under each of the following methods: (1) FIFO, (2) LIFO, and (3) weighted-average (carry unit cost to four decimal places, and round total cost to nearest dollar).

b. Repeat part a using the periodic inventory procedure.

Reference no: EM132344309

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