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QUESTION
LOBLEM 5 - PERIODIC Fonda Company has the following inventory data. The company uses a periodic inventory system. Oct $ per Extended Beginning...
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LOBLEM 5 - PERIODICFonda Company has the following inventory data. The company uses aperiodic inventory system.Oct$ perExtendedBeginning InventoryUnitsUnit50$125Purchase$6,250Ln180$ 130$23,40010Sold150$350$52,50025Purchase210$129$27,090old195$350$68,250a) Under LIFO, calculate the following (6 Points): (Show all work)Cost of Goods SoldEnding Inventoryb) Under weighted average, calculate the following (6 Points): (Show all work)Cost of Goods SoldEnding Inventory