The following are 2019 inventory data for Galla Company, which uses a perpetual inventory system.
Ending inventory at December 31 is 50 units. Compute the cost of the ending inventory using the following methods:
a. First-in, first-out
b. Weighted-average
c. Last-in, first-out

Question

The following are 2019 inventory data for Galla Company, which uses a perpetual inventory system. 
  Ending inventory at December 31 is 50 units. Compute the cost of the ending inventory using the following methods:
a. First-in, first-out
b. Weighted-average
c. Last-in, first-out

Quizplus · Accepted Answer

The Answer of The following are 2019 inventory data for Galla Company, which uses a perpetual inventory system. 
  Ending inventory at December 31 is 50 units. Compute the cost of the ending inventory using the following methods:
a. First-in, first-out
b. Weighted-average
c. Last-in, first-out

The Following Are 2019 Inventory Data for Galla Company, Which