Respuesta :
Answer:
LIFO ending inventory $ 544.00
Weighted average: $ 565.44
FIFO ending invetory: $ 590.00
Explanation:
weighted-average:
1,449 / 41 = 35,34
Ending Inventory
16 x 35.34
LIFo we pick the first 16 units as the latest were sold:
8 units at $ 33 = $ 264
8 units at $ 35 = $ 280
Total ending inventory $ 544
FIFo we pick the last as the first one are the first being sold
15 units at 37 = 555
1 unit at 35 = 35
total ending 590
Answer:
a) FIFO
Inventory = $590
b) LIFO
Inventory = $544
C) WAM
Inventory = $565,46 = $565
Explanation:
a) FIFO
Inventory = $555 +$ 35 = $590
Dec purchase = $555
Aug 7 = $35
b) LIFO
Inventory = 280 +264 = $544
Jan = $264
AUG = 8 * $35 = $280
C) WAM
Inventory
WAM = $1449/41 = $35,34 *16 = $565,46