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Calculate the cost of goods sold and ending inventory using FIFO. (HINT: Use two rows to show your cost of goods sold calculation in layers)

Calculate the cost of goods sold and ending inventory using FIFO. (HINT: Use two rows to show your cost of goods sold calculation in layers)

Purchases

Cost of Goods Sold

Inventory Balance

Date

Units

Cost

Total

Units

Cost

Total

Units

Cost

Total

Apr-01

Beginning Inventory

30

$13

$390

30

$13

$390

Apr-15

51

$15

$765

30

$13

390

$

$

Apr-20

30

$

$

2

$

$

$

$

Apr-23

46

$16

$736

$

$

$

$

Apr-28

49

$

$

5

$

$

41

$

$

127

$1,891

86

$

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