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Date 1-Jun Beginning inventory 12-Jun Purchase Explanation Units Unit Cost COGA 200 $ 55.00 $ 11,000.00 250 $ 57.00 $ 14,250.00 18-Jun Purchase 23-Jun
Date 1-Jun Beginning inventory 12-Jun Purchase Explanation Units Unit Cost COGA 200 $ 55.00 $ 11,000.00 250 $ 57.00 $ 14,250.00 18-Jun Purchase 23-Jun Purchase Total Available to Sell 30-Jun Ending inventory How many units were SOLD? 170 $ 56.00 $ 9,520.00 300 $ 58.00 $ 17,400.00 920 $ 52,170.00 190 Note that unit costs are not conistently going up by $1 What is the cost of the units sold and kept? FIFO, First in First out COGS Ending Inventory Units Unit Cost COGS End Inv COGA Check figure LIFO, Last in First out COGS Units Unit Cost COGS Ending Inventory End Inv COGA Check figure Average Cost-Avg cost per unit total cost available (COGA)/total units available per unit COGS COGS Ending Inventory COGA Check figure
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