anthony company uses a perpetual inventory system it entered into the following purc 354834

Aug 29, 2021 | Uncategorized

Date Activities Units Acquired at Cost Units Sold at Retail
Mar. 1 Beginning inventory 50 units @ $50/unit
Mar. 5 Purchase 200 units @ $55/unit
Mar. 9 Sales 210 units @ $85/unit
Mar. 18 Purchase 60 units @ $60/unit
Mar. 25 Purchase 100 units @ $62/unit
Mar. 29 Sales 80 units @ $95/unit
Totals 410 units 290 units
Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average. (Due to rounding, the sum of Cost of Goods Sold and Ending inventory may not equal the Cost of Good available for sales. Round yourper unit costs to 3 decimal places and inventory balances to the nearestdollar amount. Omit the “$” sign in your response.)