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Calculate the three Inventory methods!!! Purchase Date Quantity Price Total Begin 100 * $20 = $2,000 850 units were used during this inventory count Mar

Calculate the three Inventory methods!!!
Purchase Date Quantity Price Total
Begin 100 * $20 = $2,000 850 units were used during this inventory count
Mar 15 300 * $24 = $7,200
July 20 200 * $25 = $5,000
Sep 4 300 * $28 = $8,400
Dec 2 100 * $30 = $3,000
1,000 $25,600
Using FIFO
Ending Inventory
Cost of Goods Sold
Using LIFO
Ending Inventory
Cost of Goods Sold
Using Weighted Average
Total Costs =
Total Units
Ending Inventory Ending Inventory
Cost of Goods Sold Cost of Goods Sold

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