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Calculate the cost of goods sold dollar value for A65 Company for the month, considering the following transactions under three different cost allocation methods and
Calculate the cost of goods sold dollar value for A65 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for first-in, first-out (FIFO). Number of Units Unit Cost Sales Beginning inventory 900 $60 Purchased 700 62 Sold 370 $82 Sold 350 91 Ending inventory 880 FIFO (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Cost of Number Number of Units Number of units Unit Cost Total Cost Unit Cost Total Cost of units Beginning Purchase Sale Sale Total Purchases Total COGS
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