Lisa C. answered • 12/01/19

Lisa - Management Accountant/Quickbooks Specialist

The inventory cost is as follows: ** FIFO** a) 4 units at $29 = __$116__ __plus __17 units at $32.= __$544__ for a **total inventory** **cost of $660, LIFO b) **20 units at $33= __$660 plu__s 1 unit at $32= __$32__ for a **total inventory cost of $692**. **Weighted average cost c.**) get the weighted average per unit, Total cost at $1,352/42 =__ $32.19 __per unit. This can then be __multiplied by__ the __21 __units of inventory cost . **The total inventory cost is $676.**