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Calculate cost of goods sold and ending inventory for Emergicares bandages orders using FIFO, LIFO and average cost. There are 28 units in ending inventory.
Calculate cost of goods sold and ending inventory for Emergicares bandages orders using FIFO, LIFO and average cost. There are 28 units in ending inventory. (Do not round your intermediate calculation and round your final answers to the nearest cent.) Date Units purchased Cost per unit Total cost January 1 46 $ 6.60 $ 303.60 April 1 36 6.60 237.60 June 1 58 5.60 324.80 September 1 51 6.60 336.60 Total 191 $ 1,202.60
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