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1. A company made the following merchandise purchases and sales during the current month: July 1 purchased 380 units at $15 each July 5 purchased
1. A company made the following merchandise purchases and sales during the current month:
July 1 purchased 380 units at $15 each
July 5 purchased 270 units at $20 each
July 9 sold 400 units at $60 each
July 14 purchased 300 units at $24 each
July 20 sold 350 units at $60 each
July 30 purchased 250 units at $30 each
There was no beginning inventory.
What is the Cost of Goods Sold for each sale under FIFO, LIFO and Weighted Average
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