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Esplanade Company was formed on December 1, 2014. The following information is available from Esplanade's inventory records for Product BAP. Units Unit Cost January 1, 2015 (beginning inventory) 600 R$8.00 Purchases: January 5, 2015 1,100 9.00 January 25, 2015 1,300 10.00 February 16, 2015 800 11.00 March 26, 2015 600 12.00 A physical inventory on March 31, 2015, shows 1,500 units on hand.

Prepare a schedule to compute the ending inventory at March 31, 2015, under the specific identification inventory method. 400 units from the beginning inventory are on hand and 1,100 units from the January 5 purchase are on hand. ESPLANADE COMPANY Computation of Inventory for Product BAP Under Specific Identification Inventory Method March 31, 2015 Units Unit Cost Total Cost Beginning inventory (portion) R$ R$ January 5, 2015 (portion) March 31, 2015, inventory R$

Prepare a schedule to compute the ending inventory at March 31, 2015 under the FIFO inventory method. ESPLANADE COMPANY Computation of Inventory for Product BAP Under FIFO Inventory Method March 31, 2015 Units Unit Cost Total Cost March 26, 2015 R$ R$ February 16, 2015 January 25, 2015 (portion) March 31, 2015, inventory R$

Prepare a schedule to compute the ending inventory at March 31, 2015, under the weighted-average inventory method. (Round weighted-average cost to 2 decimal places, e.g. 15.75 and Round the inventory on March to 0 decimal places, e.g. 5,510.) ESPLANADE COMPANY Computation of Inventory for Product BAP Under Weighted-Average Inventory Method March 31, 2015 Units Unit Cost Total Cost Beginning inventory R$ R$ January 5, 2015 January 25, 2015 February 16, 2015 March 26, 2015 R$ Weighted-average cost $ March 31, 2015, inventory $

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