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Date 26. XYZ company purchased inventory with the following costs and quantities. A count of inventory at year end showed 1100 units. Calculate the cost
Date 26. XYZ company purchased inventory with the following costs and quantities. A count of inventory at year end showed 1100 units. Calculate the cost of goods sold under FIFO, LIFO and Weighted average. 12 Points Quantity Price Per Unit 1-Jan 300 10 1-Feb 200 1-Jul 400 11 1-Aug 500 10 1-Oct 300 11 9 1-Dec 400 12 2100
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