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Stalbery Company's beginning inventory and purchases during the fiscal year ended December 31, 20- Units...

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Accounting

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Stalbery Company's beginning inventory and purchases during the fiscal year ended December 31, 20- Units Unit Price Total Cost Jan. 1 teginning inventory 10 520 5200 Mar. 5 1st purchase 10 22 220 Sept. 9 2nd purchase 10 25 250 Dec. 8 3rd purchase 10 30 300 40 3970 There are 10 units of inventory on hand on December 31 1. Calculate the total amount to be assigned to the ending inventory under each of the following periodic inventory method #FIFO Weighted average (ruund calculations to two decimal places) 2. Assume that the market price per unit fcost to replace) of Starters inventory on December 31, 20-, -** 136. Catetere to be gratuito Date methods Frolower of co-ormare D. Weyhted average lower-et-cost-or-market 3. What yournal entry would be made under lower-of-cost or market for parts og Frodowego e entry is required, tect "Ne trery ered maneno

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