Exercise 5-12A Inventory costing-periodic system L.O. P3 Harold Co. reported the

Question

Exercise 5-12A Inventory costing-periodic system L.O. P3 Harold Co. reported the following current-year purchases and sales data for its only product. Date Activities Units Acquired at Cost Units Sold at Retail Jan. 1 Beginning inventory 160 units @ $12.40 = $ 1,984 Jan. 10 Sales 150 units @$42.40 Mar. 14 Purchase 310 units @ $17.40 = 5,394 Mar. 15 Sales 200 units @$42.40 July 30 Purchase 460 units @ $22.40 = 10,304 Oct. 5 Sales 240 units @$42.40 Oct. 26 Purchase 660 units @ $27.40 = 18,084 Totals 1,590 units $ 35,766 590 units Harold uses a periodic inventory system. (a) Determine the costs assigned to ending inventory and to cost of goods sold using FIFO. (Omit the "$" sign in your response.) Ending inventory Cost of goods sold FIFO $ $ (b) Determine the costs assigned to ending inventory and to cost of goods sold using LIFO. (Omit the "$" sign in your response.) Ending inventory Cost of goods sold LIFO $ $

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hey , there is a request... please upload data in tabular form .... it is pretty difficult to read like this

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