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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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