Trini Company had the following transactions for the month

Accounting Jan 18, 2021

Trini Company had the following transactions for the month. Number of Units Cost per Unit Beginning Inventory 1000 $3 Purchased May 31 1200 $4 Purchased July 15 1300 $5 Purchased Nov. 1 1300 $6 Totals (goods available) 4800 Ending Inventory 900 Calculate the ending inventory dollar value for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)

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