Follow the required Question 1 1151 from testo Toys Limited uses the perpetual inventory system for...

Rate 2015 sty store hedera under perpetual Inventory L FIFO Method] Receipts sene Balance Rate Ampunt esty Rate Armount the case on 250 50011-20 6001 5007 8 600 130 780 1207 6001 200105 250 600 1-30 780 11.50 900 600 5001 120 600 200 1.25 2.50 600 1.50 900 5001 1.20 6007 400 1.50 600 200 1:25 250 600 11.30 780 200 1.50 300 - 1500 $1930 - Stone Ledger | unders perpetual Fruentos Weighted average Method Receiple sone Balance ety. Raila Oly Ple hy. Rate amount 500 120 600 200 1.25 250 / 600 1.30 480 1300 - 1620 Umes 2015 Oet 8 600 1.50 900 1900 Y '11 2580 | 1500 1.33 1995 400 NOTE weighted Average rate o for is she 29 thoot t total to Amount 2530 total sty T T -1093 (approox)

calculation of ending Inventory urides FIFO Pemodic Methad.. Soovi kory 260 x 25 Oct 1st Bal 500 x 1.20 o et 8th purchase 600 x 1.30 Det 20th purchase 600 X 1.50 1900 units Cost olgandasold 70 x 1.20 = 200 2 x 1.25 = 250 690 X 130 - 780 200 X 150 500 400 X 15660 $1930 5600 1500 Costes quods sold 500 wali closing Inventory value is $600. calculation of ending Surentory under weighted average Periodic Method Beginging Soventory Smox $1.20 = the 200 x$148 = 250 600 x $1.30 = 780 600 X 1.50 = 900 1900 x 1.3315 $2580 1. Aseso weighted average sali ber mit $2530 1900 units =$1.3315 (Approx) Cost of goodro available for sale 1900 x 1.3315 - $2530 ending forentory 4000 x 1.3315= $533 (1900-1500) Cost of good sold. 1500 x 1.3315 $1997 value of ending Inventory is $533 c