Given the following information, you have been requested by your supervisor to submit the cost of ending inventory under LIFO, FIFO, and weighted average. At year end 850 units remained in inventory.
$$\begin{array} { | l | l | }
\hline \text { January } 1 \text { inventory } & 2,500 \text { at } \$ 2.95 \
\hline \text { April 9 } & 4,000 \text { at } \$ 4.00 \
\hline \text { June } 15 & 1,000 \text { at } \$ 6.50 \
\hline \text { August } 10 & 500 \text { at } \$ 7.00 \
\hline \text { December } 9 & 200 \text { at } \$ 8.50 \
\hline
\end{array}$$

Question

Given the following information, you have been requested by your supervisor to submit the cost of ending inventory under LIFO, FIFO, and weighted average. At year end 850 units remained in inventory.
 $$\begin{array} { | l | l | } 
\hline \text { January } 1 \text { inventory } & 2,500 \text { at } \$ 2.95 \
\hline \text { April 9 } & 4,000 \text { at } \$ 4.00 \
\hline \text { June } 15 & 1,000 \text { at } \$ 6.50 \
\hline \text { August } 10 & 500 \text { at } \$ 7.00 \
\hline \text { December } 9 & 200 \text { at } \$ 8.50 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The Answer of Given the following information, you have been requested by your supervisor to submit the cost of ending inventory under LIFO, FIFO, and weighted average. At year end 850 units remained in inventory.
 $$\begin{array} { | l | l | } 
\hline \text { January } 1 \text { inventory } & 2,500 \text { at } \$ 2.95 \
\hline \text { April 9 } & 4,000 \text { at } \$ 4.00 \
\hline \text { June } 15 & 1,000 \text { at } \$ 6.50 \
\hline \text { August } 10 & 500 \text { at } \$ 7.00 \
\hline \text { December } 9 & 200 \text { at } \$ 8.50 \
\hline
\end{array}$$

Given the Following Information, You Have Been Requested by Your