If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory...
80.2K
Verified Solution
Question
Accounting
If Comcast is upgrading its cable boxes and has 500 obsolete boxes in ending inventory 25 Beginning inventory and purchases Beginning inventory: January 1 March 1 June 1 September 1 December 1 Boxes 16,400 7,400 3,400 1,950 1,000 30,150 Box cost Total cost $ 24 $393,600 185,000 98,600 62,400 41 41,000 $780,600 29 32 What is the cost of ending inventory using FIFO, LIFO, and the weighted- average method? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Ending inventory FIFO LIFO Weighted average

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.