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Ayayai Corporation began operations on December 1,2022. The only inventory transaction in 2022 was the...

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Accounting

Ayayai Corporation began operations on December 1,2022. The only inventory transaction in 2022 was the purchase of invent
December 10,2022, at a cost of $24 per unit. None of this inventory was sold in 2022. Relevant information for fiscal 2023 is as
follows:
Ending inventory units:
Dec. 31,2022
130
Dec. 31,2023, by purchase date
Dec. 2,2023
130
July 20,2023
31,161
During 2023, the following purchases and sales were made:
The company uses the periodic inventory method.
Determine ending inventory under specific identification.
Ending inventory
Determine ending inventory under FIFO.
Ending inventory $
Determine ending inventory under weighted average cost. (Round weighted average cost per unit to 2 decimal places, e.g.52.75 and
final answer to 0 decimal places, e.g.5,275.)
Ending inventory $
image

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