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Company Trio has the following information: DateUnitsCost/per unitTotal Jan 1100$4$400 Jan 1540062,400 Jan 2020071,400 Jan 2930082,400 Total1,0006,600 600units sold Instructions: Using excel, word or PDF
Company Trio has the following information:
DateUnitsCost/per unitTotal
Jan 1100$4$400
Jan 1540062,400
Jan 2020071,400
Jan 2930082,400
Total1,0006,600
600units sold
Instructions:
Using excel, word or PDF (writing on paper,taking a pictures and uploading it to Blackboard using NON -APPLE software),please provide:
1.What is the ending inventory if FIFO is used.
2.What is the ending inventory if Average Cost is used.
3.What is the ending inventory if LIFO is used.
4.What is Cost of Goods Sold if FIFO is used.
5. What is Cost of Goods Sold if LIFO is used.
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