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At december 1st, synergy counts nine units of inventory on hand. Dec. 1 Beginning merchandise inventory . 6 units @ $60 each 8 Purchase 5
At december 1st, synergy counts nine units of inventory on hand.
Dec. 1 Beginning merchandise inventory . 6 units @ $60 each
8 Purchase 5 units @ $67 each
15 Purchase 10 units @ $70 each
26 Purchase 5 units @ $85 each
FIFO COST
Ending Merchandise Inventory __________
Cost of Goods Sold _________________
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