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Business, 22.04.2020 01:25 johnnyhalusewa

Debra King Company was formed on December 1, 2019. The following information is available from King’s inventory records for Product BAP. Units Unit Cost January 1, 2020 (beginning inventory) 1,740 $ 8 Purchases: January 5, 2020 3,480 9 January 25, 2020 3,770 10 February 16, 2020 2,320 11 March 26, 2020 1,740 12 A physical inventory on March 31, 2020, shows 4,640 units on hand. Prepare schedule to compute the ending inventory at March 31, 2020, under FIFO inventory method. DEBRA KING COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ $ Prepare schedule to compute the ending inventory at March 31, 2020, under LIFO inventory method. DEBRA KING COMPANY COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER LIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost $ $ $ Calculate average-cost per unit. (Round answer to 2 decimal places, e. g. 2.76.) Weighted average-cost per unit $

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