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8: Tinker Bell Company has the following Inventory January 1, 2011 Purchase June 19th, 2011 Purchase November, 18 2011 Unit Unit cost 8,000 SR 11
8: Tinker Bell Company has the following Inventory January 1, 2011 Purchase June 19th, 2011 Purchase November, 18 2011 Unit Unit cost 8,000 SR 11 13000 SR 12 5000 SR 13 Requirements: If the tinker company has 9,000 units on hand at December 31st 2011, Find the value of cost of goods sold through FIFO, LIFO and Average method and total cost of ending inventory as well
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