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Data for problems 1-3 Date Description # of Units Cost per unit 12/31/21 Beginning invent 9,000 $6.20 1/4/22 Sale 3,000 1/5/22 Purchase 6,000 $6.60
Data for problems 1-3 Date Description # of Units Cost per unit 12/31/21 Beginning invent 9,000 $6.20 1/4/22 Sale 3,000 1/5/22 Purchase 6,000 $6.60 1/7/22 Sale 2,000 1/9/22 Sale 3,600 1/13/22 Purchase 10,000 $6.40 1/16/22 Sale 6,000 1/20/22 Sale 2,800 1/23/22 Sale 1600 1/25/22 Purchase 6,000 $6.95 1/31/22 Purchase 8,000 $7.05 1. Calculate FIFO Perpetual ending inventory and COGS 2. Calculate LIFO Perpetual ending inventory and COGS 3. Calculate Average Cost Perpetual ending inventory and COGS
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Forensic Accounting
Authors: Robert Rufus, Laura Miller, William Hahn
1st Edition
133427528, 133050475, 9780133427523, 978-0133050479
