Find glasgows ending inventory under weighted-average

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Glasgow Enterprises started the period with 85 units in beginning inventory that cost $2.60 each. During the period, the company purchased inventory items as follows:

Purchase No. of Items Cost

1) 290 $ 3.10

2 ) 195 $ 3.20

3 ) 50 $ 3.60

Glasgow sold 315 units after purchase 3 for $9.90 each.

sHOW

Question 1: find Glasgow's ending inventory under weighted-average

Question 2: Show Glasgow's ending inventory under LIFO?

Question 3: show Glasgow's cost of goods sold under FIFO?

Reference no: EM132485505

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