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The periodic inventory records of Spacely’s Sprockets indicate the following for the month of September:

ProductBeg. InventoryPurchasesUnits in Ending Inv.Periodic Inventory
UnitsCostUnitsCostUnitsCost
X14$97$125$137FIFO
Y21$144$176$204LIFO
Z38$214$185$223Weighted Avg.

 

Spacely’s Sprockets uses a different inventory method of each product as indicated:

Computing periodic inventory amounts - LIFO

Enter your inventory using oldest purchases first.

Ending merchandise inventory is...

ProductUnitsCost=Total
Y2 
  
  TOTAL  

Cost of goods sold...

ProductUnitsCost=Total
Y2 
  
  TOTAL