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# Solve the problem.The Chicago Men's Shop made the following purchases of dress shirts: 50 shirts at ...

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Solve the problem.

The Chicago Men's Shop made the following purchases of dress shirts: 50 shirts at $73.37 in January, 60 shirts at$42.49 in March, 75 shirts at $83.16 in June, and 35 shirts at$55.78 in August. A September inventory found 123 shirts remaining. Find the inventory value using a) weighted average method, b) FIFO Method, and c) LIFO Method. Round final answers to the nearest cent.

▸ (a) $14,407.20 (b)$9,024.51
(c) $6,860.94 ▸ (a)$8,055.27
(b) $8,741.67 (c)$7,298.98

▸ (a) $8,055.27 (b)$7,298.98
(c) $8,741.67 ▸ (a)$7,835.10
(b) $5,226.27 (c)$10,228.68
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Edition: 15th
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WoodyNRexWoodyNRex
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