Question
The following information relates to the purchase of a part by WSU Company for the year 2015. Compute (show computations) the ending inventory cost using the following methods:
A. Periodic method – specific identification
B. Periodic method – FIFO
C. Periodic method – LIFO
D. Periodic method – Weighted average
E. Perpetual method – specific identification
F. Perpetual method – FIFO
G. Perpetual method – LIFO
H. Perpetual method – Moving average