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Calculate the Lifo, Fifo, and Cost of Good sold. Inventory Costing Methods 5 6 7 B 9 0 1 2 3 34 25 26 27
Calculate the Lifo, Fifo, and Cost of Good sold.
Inventory Costing Methods 5 6 7 B 9 0 1 2 3 34 25 26 27 28 Date Item 1-May Beginning Inventory 8-May Purchase 15-May Purchase 22-May Purchase 29-May Purchase Date Sold 135 Units @ $37 each Sales Item Quantity Ending Inventory FIFO 30 28 42 10 50 Quantity Cost Per Unit Total $17.00 $510.00 $18.00 $504.00 $19.00 $798.00 $22.00 $220.00 $26.00 $1,300.00 Cost Per Unit Total L
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DATE ITEM QTY COST PER UNIT TOTAL 01May Beginning Inventory 30 17 510 08May Purchase 28 18 504 15May Purchase 42 19 798 22May Purchase 10 22 220 29May ...
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