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Harris Mug Company sells coffee mugs to customers. For 2012, the company has the following...

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Accounting

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Harris Mug Company sells coffee mugs to customers. For 2012, the company has the following inventory On a separate sheet of paper, calculate the following: 1. Calculate cost of goods sold and ending inventory using the FIFO method. 2. Calculate cost of goods sold and ending inventory using the LIFO method. 3. Calculate cost of goods sold and ending inventory using the weighted-average cost method. 4. Assuming Harris Mug Company using the FIFO inventory costing method, and given the information provided below, prepare a multi-step income statement for Harris Mug Company for the year ended December 31,2012

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