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  1. business
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  3. the following information is available for quest c

The following information is available for Quest Company: \table[[March 1,Beginning inventory,18 units @ $12.00...

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Question

Accounting

The following information is available for Quest Company:
\table[[March 1,Beginning inventory,18 units @ $12.00 per unit],[March 9,Purchase,10 units @ $16.00 per unit],[March 14,Sale,9 units],[March 20,Purchase,9 units @ $18 per unit],[March 26,Sale,9 units]]
Required:
Answer the following questions for Quest Company:
a. If periodic FIFO is used, what is the ending inventory in dollars?
$
b. If periodic LIFO is used, what is the cost of goods sold?
$
c. If moving average is used, what is the ending inventory in dollars (round calculations to the nearest cent)?
$
d. If weighted average is used, what is the ending inventory in dollars (round unit cost to the nearest cent)?
$
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