Wittmann Co. began operations on July 1. It uses a perpetual inventory system. During July, the… 1 answer below »

Wittmann Co. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales.
Purchases Date Units Unit Cost Sales Units
July1 215$122
July6 129 (Sale)
July11 301$136
July14 215(Sale)
July21 344$147
July27 215 (Sale)
Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO.

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