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6. During 2012, Abby & Co. sold 113 units of its product. The following units were on hand or purchased during the year: Units Cost

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6. During 2012, Abby & Co. sold 113 units of its product. The following units were on hand or purchased during the year: Units Cost per unit Total Cost Beginning inventory 42 $180 7,560 Purchase 3/2/12 58 $195 11,310 Purchase 7/15/12 20 $204 4,080 Purchase 9/30/12 30 $210 6.300 Total available 150 29.250 Less Units Sold Ending Inventory Required: Fill in the number of Units Sold in the above table and ca f Units Sold in the above table and calculate the number of units in Ending Inventory. Calculate ending inventory and cost of goods sold and for the next 2 questions. (A) What is the value of ending inventory and cost of goods sold using FIFO? Ending Inventory Cost of Goods Sold (B) What is the value of ending inventory and cost of goods sold using the weighted average method? Weighted Average Cost per unit = Ending Inventory Cost of Goods Sold

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