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1. The information below pertains to Krush Company inventory. # of Price per Date Units Unit April 1 300 $ 2.40 April 3 Sold
1. The information below pertains to Krush Company inventory. # of Price per Date Units Unit April 1 300 $ 2.40 April 3 Sold 200 April 10 Purchased 500 $ 2.50 April 12 Sold 500 April 14 Purchased 400 $ 2.60 April 20 Purchased 400 $ 2.65 April 26 Sold 300 Compute the ending inventory and cost of goods sold under each of the following cost flow assumptions. a] LIFO Periodic b) FIFO - Perpetual c) Perpetual Average Cost Ending Inventory Cost of Goods
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