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Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 40 units in ending inventory.
Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 40 units in ending inventory. (Do not round intermediate calculations, such as average cost per unit values. Round your answers to the nearest cent.) Date January 1 April 1 June 1 September 1 Cost Units purchased per unit 48 $6.50 43 5.75 58 5.50 53 6.00 202 Total cost $ 312.00 247.25 319.00 318.00 $1,196.25 Total Cost of goods sold Ending inventory FIFO LIFO Average cost
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