A company's inventory records report the following: August 1 August 5 August 12 Beginning balance Purchase Purchase 26 units e $16 21 units @ $15 25 units e $16 On August 15, it sold 52 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?

Periodic Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 1,010 units @ $126 Feb. 17 Purchase 1,390 units @ $128 July 21 Purchase 1,665 units @ $129 Nov. 23 Purchase 1,150 units @ $131 There are 1,225 units of the item in the physical inventory at December 31. The periodic inventory system is used. a. Determine the inventory cost by the first-in, first-out method. b. Determine the inventory cost by the last-in, first-out method. $4 c. Determine the inventory cost by the weighted average cost method. Do not round intermediate calculation and round final answer to the nearest whole dollar.

Beginning inventory, purchases, and sales for Item ProX2 are as follows:     Jan 1 Inventory 50 units at $15.00   7 Sale 44 units   15 Purchase 90 units at $18   24 Sale 40 units   Assuming a perpetual inventory system and using the first-in, first-out (FIFO) method, determine (a) the cost of merchandise sold on January 24 and (b) the inventory on January 31.

The inventory data for an item for November are: Nov.  01 Inventory 20 units at $25          04 Sale 8 units          10 Purchase 32 units at $27          17 Sale 19 units          30 Purchase 23 units at $29 Using a perpetual system, what is the cost of merchandise sold for November if the company uses LIFO? a.$1,013 b.$713 c.$1,342 d.$689