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ABC Company had the following beginning inventory and purchases during 2018. Date Transaction Number of units Unit Cost 1/1 Beginning Inventory 2,000 $22 4/12 Purchase

ABC Company had the following beginning inventory and purchases during 2018.

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Date Transaction Number of units Unit Cost 1/1 Beginning Inventory 2,000 $22 4/12 Purchase No. 1 2,300 $26 7/11 Purchase No. 2 800 $28 10/5 Purchase No. 3 1,250 $30Method Ending Inventory Cost of Goods Sold LIFO FIFO Weighted Average

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