Assuming the periodic inventory method, compute cost of goods sold and ending inventory using the…

The following transactions took place with respect to Model M computers in Alpha s Computer

Store during April 2003:

April 1 Beginning inventory

40 computers at $1,200

5 Purchase of Model M computers.

15 computers at $1,300

11 Purchase of Model M computers.

16 computers at $1,350

24 Purchase of Model M computers.

10 computers at $1,400

30 Sale of Model M computers

32 computers at $3,000

Assuming the periodic inventory method, compute cost of goods sold and ending inventory using the following inventory costing alternatives: (a) FIFO, (b) LIFO, and (c) average cost.

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