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Beginning inventory, purchases, and sales data for portable DVD players are as follows: June 1 Inventory 75 units at $40 6 Sale 60 units 14

Beginning inventory, purchases, and sales data for portable DVD players are as follows:

June

1

Inventory

75 units at $40

6

Sale

60 units

14

Purchase

90 units at $42

19

Sale

50 units

25

Sale

20 units

30

Purchase

80 units at $45

What is the COGS and ending inventory if they use FIFO:

Date: Purchases: COGS: Inventory Balance:

6/1

6/6

6/14

6/25

6/30

Total COGS___________________

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