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The frate company was formed on december 1 2009 the

The Frate Company was formed on December 1, 2009. The following information is available from Frate's inventory records for Product Ply:

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A physical inventory on March 31, 2010 shows 1,600 units on hand.
Required:
Prepare schedules to compute the ending inventory at March 31, 2010 under each of the following inventory methods:
1. FIFO
2. LIFO
3. Weighted average

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Accounting Basics: The frate company was formed on december 1 2009 the

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