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9: Following information is available for the company. Date Explanation 1 of March 2012 Beginning Units Unit cost Total Cost 15,00 SR 7 SR 10500
9: Following information is available for the company. Date Explanation 1" of March 2012 Beginning Units Unit cost Total Cost 15,00 SR 7 SR 10500 inventory 5th March Purchases 3,000 SR 8 24,000 13th March Purchases 5,500 SR 9 49,500 21" march March 26 Total Purchases 4,000 SR10 40,000 Purchases 2,000 SR 11 22,000 16,000 135,500 Requirement: Total units the company sold are 1200. Find the Costs of goods sold for the company through FIFO, LIFO and Average method
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