Akira Company had the following transactions for the month. Number of Units Cost per Unit Beginning Inventory 150 $10 Purchased Mar. 31 160 15 Purchased Oct. 15 150 18 Ending Inventory 50 ? Calculate...

Akira Company had the following transactions for the month.

	Number of Units	Cost per Unit
Beginning Inventory	150	$10
Purchased Mar. 31	160	15
Purchased Oct. 15	150	18
Ending Inventory	50	?

Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory updating.Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.

	Ending Inventory
A. First-in, First-out (FIFO)	$fill in the blank 1
B. Last-in, First-out (LIFO)	$fill in the blank 2
C. Weighted Average (AVG)	$fill in the blank 3

Jun 10, 2022

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Akira Company had the following transactions for the month. Number of Units Cost per Unit Beginning Inventory 150 $10 Purchased Mar. 31 160 15 Purchased Oct. 15 150 18 Ending Inventory 50 ? Calculate...

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