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Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute the amount of goods available for sale, ending inventory, and cost of goods sold at January 31 under each of the inventory costing methods. (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Amount of Goods Available for Sale Cost of Goods Ending Inventory Sold a. Weighted average cost $ 2,225 $ 1,068 $ 1,157 b. First-in, first-out $ 2,225 c. Last-in, first-out: $ 2,225 d. Specific identification $ 2,225

Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute the amount of goods available for sale, ending inventory, and cost of goods sold at January 31 under each of the inventory costing methods. (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Amount of Goods Available for Sale Cost of Goods Ending Inventory Sold a. Weighted average cost $ 2,225 $ 1,068 $ 1,157 b. First-in, first-out $ 2,225 c. Last-in, first-out: $ 2,225 d. Specific identification $ 2,225

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute the amount of goods available for sale, ending inventory, and cost of goods sold at January 31 under each of the inventory costing methods. (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Amount of Goods Available for Sale Cost of Goods Ending Inventory Sold a. Weighted average cost $ 2,225 $ 1,068 $ 1,157 b. First-in, first-out $ 2,225 c. Last-in, first-out: $ 2,225 d. Specific identification $ 2,225
Transcribed Image Text:Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 2B Compute the amount of goods available for sale, ending inventory, and cost of goods sold at January 31 under each of the inventory costing methods. (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Amount of Goods Available for Sale Cost of Goods Ending Inventory Sold a. Weighted average cost $ 2,225 $ 1,068 $ 1,157 b. First-in, first-out $ 2,225 c. Last-in, first-out: $ 2,225 d. Specific identification $ 2,225
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