Trooper Company has provided the following inventory data for the year:
Required:
Compute the cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions:
a.FIFO
b.LIFO
c.weighted average

Question

Trooper Company has provided the following inventory data for the year: 
Required:
Compute the cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions:
a.FIFO
b.LIFO
c.weighted average

Quizplus · Accepted Answer

The Answer of Trooper Company has provided the following inventory data for the year: 
Required:
Compute the cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions:
a.FIFO
b.LIFO
c.weighted average

Trooper Company Has Provided the Following Inventory Data for the Year