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ALLOCATION OF COSTS - FIFO METHOD table [ [ Cost of Goods Available for Sale ] , [ Date , Explanation,Units,Unit Cost,Total Cost ]

ALLOCATION OF COSTS - FIFO METHOD
\table[[Cost of Goods Available for Sale],[Date,Explanation,Units,Unit Cost,Total Cost],[Jan.1,Beginning inventory,100,$10,$ 1,000],[Apr.15,Purchase,200,11,2,200],[Aug.24,Purchase,300,12,3,600],[Nov.27,Purchase,400,13,5,200],[,Total,1,000,,$12,000]]
\table[[Step 1],[Ending Inventory],[Date,Units,Unit Cost,Total Cost],[Nov.27,400,$13,$,5,200],[Aug.24,50,,],[,450,,$,]]
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