Inventory by Three Methods The units of an item avalable for sala durine the year...
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Inventory by Three Methods The units of an item avalable for sala durine the year were as follaws: There are 47 units of the item in the pliysical inventary at December 31 . The periodic inventory swstem is used. Determine the inventory cost under each of the following methods. a. Dotermine the inventory cost by using the -first-in, fint-out method: s. b. Determine the inventory cost by using the last-in, first-out method. c. Determine the inventory cost by using the weighted average cost method. Round intermediate calcutation to cents then round final answer to the nearest whole doltar
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