Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Oahu Kiki tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing methodat the end of each month, as if it uses a periodic inventory system. Assume Oahu Kiki's records show the following for the month ofJanuary. Sales totaled 270 units.Beginning InventoryPurchasePurchaseDateJanuary 1January 15January 24Required 1 Required 2Required:1. Calculate the number and cost of goods available for sale.2. Calculate the number of units in ending inventory.3. Calculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average cost methods.Complete this question by entering your answers in the tabs below.FIFOLIFOWeighted Average CostUnits220480200Required 3Unit Cost$ 8595115Cost of EndingInventoryCalculate the cost of ending inventory and cost of goods sold using the (a) FIFO, (b) LIFO, and (c) weighted average costmethods.Total Cost$ 18,70045,60023,000Cost of GoodsSold

Name: Note:-Do not provide handwritten solution. Maintain accuracy and quali
Uploaded: 2024-03-20T06:32:37.000Z
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Description: Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. Oahu Kiki tracks the number of units purchased and sold throughout each accounting perio