Bridgeport Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 77 units were sold.Date Explanation Units Unit Cost Total CostMay 1 Inventory 33 \$9 \$29715 Purchase 25 10 25024 Purchase 42 11 462  Total 100   \$1,009  Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)Weighted-average unit cost \$Enter the Weighted-average unit cost in dollars  Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.)  FIFO LIFO AVERAGE-COSTThe ending inventory at May 31

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Asked Nov 8, 2019
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Bridgeport Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 77 units were sold.

 Date Explanation Units Unit Cost Total Cost 33 \$9 \$297 25 10 250 42 11 462 100 \$1,009

Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

 Weighted-average unit cost \$Enter the Weighted-average unit cost in dollars

Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.)

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Determine weighted-avera...

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