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Danny Dapper clothes company has the following inventory information for the year 2022: Units Unit Cost Total Cost 1/1 Beginning inventory 200 $9 $1800 1/25
Danny Dapper clothes company has the following inventory information for the year 2022:
Units | Unit Cost | Total Cost | |
1/1 Beginning inventory | 200 | $9 | $1800 |
1/25 Purchases | 300 | $10 | $3000 |
6/24 Purchases | 400 | $11 | $4400 |
9/4 Purchases | 500 | $12 | $6000 |
1400 | $15200 | ||
Inventory on hand 12/31 | 500 | ||
Under FIFO - Cost of goods sold? Value of ending inventory
Under LIFO - Cost of goods sold? Value of ending inventory
Under AVERAGE COST - Cost of goods sold? Value of ending inventory
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