Baulson Electronics has the following data available. Date Explanation Units Unit cost Total Cost 5,000 SRE 1" of January Beginning SR 40,000 2012 inventory 2 April 28 Purchases 1,5000 SR 10 150,000 Parchmes Total 20,000 SR 12 240000 40,000 430,000 Requirement: Ending inventory of the company is 5,000 units. Find the Costs of goods sold for the company through FIFO, LIFO and Average method Problem Kyota Distribution markets CDs of the performing artists. 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 5 March Purchase 3,000 SR 8 24,000 13 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: Ending inventory of the company is 12,500 units. Find the Costs of goods sold for the company through FIFO, LIFO and Average method Problem 8: Tinker Bell Company has the following Inventory January 1, 2011 Purchase June 19, 2011 Purchase November, 18" 2011 Unit Unit cost 8,000 SR 11 13000 SR 12 5000 SR 13 Requirements: If the tinker company has 9,000 units on hand at December 31st 2011, Find the value of cost of goods sold through FIFO, LIFO and Average method and total cost of ending inventory as well. Problem 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 5 March Purchases 3,000 SR 8 24,000 13 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